The initiative celebrates Singapore's 59th National Day and provides coverage for critical illness and accidental death, while also providing a teleconsultations benefit.
Income's market-leading position in non-life market will be strengthened, but life segment will continue to be dominated by established players, says Fitch.
SBV lifts ban but enforces new measures on investment-linked products, as Vietman looks to restore trust following the mis-selling of insurance products.
The proposed law looks to establish clear guidelines for use and accountability of AI, amid wider concerns that APAC insurers could be lagging behind the technology.
