A former chief executive facing fraud charges after the collapse of a $747 million insurance company must now wait until 2023 for his trial. The arrival of the Covid-19 Delta […]
Singapore life insurance industry sees new sales surge 61% in first half of the year
SINGAPORE – Singapore’s life insurance industry garnered $2.68 billion in weighted new business premiums for the first six months of this year, up 61 per cent from the year-ago period […]
Insurance firms ordered to pay out or explain
The Financial Conduct Authority has ordered insurance companies to pay out claims to firms “as soon as possible” or explain themselves to the watchdog. The FCA has told insurers if […]
Coronavirus: £90m insurance payout for COVID-19 death claims at pandemic’s peak
Insurance firms are set to have paid out £90m in coronavirus death claims to grieving families at the height of the pandemic, the industry has revealed. This equates to £980,000 […]
Great Eastern Q1 profit down 90% to $34m
Great Eastern Holdings posted a 90 per cent drop in net profit to $33.9 million for the first quarter ended March 31, from $342.7 million a year ago. The insurance […]