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Insurance

HSBC sells Singapore insurance business to Germany’s Allianz in $2.7 billion deal

The disposal is expected to generate a pre-tax gain of US$1.8 billion (S$2.33 billion) for the HSBC Group.
The disposal is expected to generate a pre-tax gain of US$1.8 billion (S$2.33 billion) for the HSBC Group.

How much money is enough? Watch and learn from the video of the second InvestMe event

(From left) Senior business correspondent Angela Tan, chief executive of SingCapital Alfred Chia and senior consultant psychiatrist David Teo on a panel discussion at ST InvestMe’s Invest to Live, not Live to Invest event in the SPH Media Auditorium on July 18.
(From left) Senior business correspondent Angela Tan, chief executive of SingCapital Alfred Chia and senior consultant psychiatrist David Teo on a panel discussion at ST InvestMe’s Invest to Live, not Live to Invest event in the SPH Media Auditorium on July 18.

Man wanted share of wife’s $450k insurance payout for stroke during divorce

The High Court disallowed a man’s claim on his former wife’s insurance payout from her critical illness policies, as it ruled the sum was meant for her long-term care.
The High Court disallowed a man’s claim on his former wife’s insurance payout from her critical illness policies, as it ruled the sum was meant for her long-term care.

Lottery winnings and scam losses are shared between divorcing spouses

Insurance payouts that are meant for the family can be shared in a divorce.
Insurance payouts that are meant for the family can be shared in a divorce.

Singapore steps up push to be Asia’s risk management hub with new corporate structure for insurance

The initiative will support the growth of alternative risk transfer solutions in the insurance and reinsurance industry, said MAS.
The initiative will support the growth of alternative risk transfer solutions in the insurance and reinsurance industry, said MAS.

Being rich is successful? 40% of Singaporeans seem to think so

A recent survey found that 40 per cent of Singaporeans think one can be considered “successful” only if they are rich.
A recent survey found that 40 per cent of Singaporeans think one can be considered “successful” only if they are rich.

Gen Zs less hardy than their parents, regional survey finds

A regional survey has confirmed the popular belief that those aged under 30 are less resilient than their parents or grandparents.
A regional survey has confirmed the popular belief that those aged under 30 are less resilient than their parents or grandparents.

US DFC and World Bank's MIGA to set up political risk insurance for Ukraine fund

Firefighters work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Zaporizhzhia, Ukraine June 25, 2026. REUTERS/Stringer
Firefighters work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Zaporizhzhia, Ukraine June 25, 2026. REUTERS/Stringer

Ship insurers set for major claims from Iran war, Allianz says

Insurance premiums in the niche corner of the insurance market that protects vessels against war risks surged as a result of the conflict.
Insurance premiums in the niche corner of the insurance market that protects vessels against war risks surged as a result of the conflict.

The fine print in insurance policy nobody reads until it matters 

Recent cases in which policyholders’ claims were denied serve as a stark reminder that insurance is not a promise to pay every claim.
Recent cases in which policyholders’ claims were denied serve as a stark reminder that insurance is not a promise to pay every claim.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.