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Singapore’s domestic general insurance industry grew 4.5 per cent in 2013, hitting the increasing of $3.5 billion as a whole gross premiums. This follows the 5.4-per cent expansion recorded in the last year. This follows the 5.4-per cent growth recorded in the earlier year.Motor insurance Singapore showed positive growth, with additional17.3 percent in underwriting profit …

Singapore’s General Insurance Industry Gets Bigger Read More »

Automobile Association of Singapore (AA), launched a new insurance policy for senior drivers over the age of 65. The AA Senior Motor Plus policy takes into account the applicant’s driving record and claims experience and covers driving in Singapore and West Malaysia. It comes with benefits such as a five per cent discount for eligible …

New Motor Insurance under Age of 65 Read More »

Cases of fire privately residential areas have increased through 20 % from January to June last year. The Singapore Civil Defence Force (SCDF) mentioned 76 private residential fire cases occurred in that period, from a total of 1,541 residential cases. The SCDF only produces such data once twice yearly. Channel News Asia is aware that …

20% Increase of Fire Cases are all came from Private Residential Areas Read More »

According to Ministry of Manpower(MOM) All Employers are required to purchase and maintain a minimum medical insurance coverage of $15,000 per year for each Work Permit holder for inpatient care and day surgery. This includes hospital bills for conditions that may not be work-related. The cost of purchasing medical insurance cannot be passed onto the …

Medical Insurance Work Permit – Before You Apply According MOM Read More »