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Insurance

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.

Netherlands redirects frigate to Strait of Hormuz for possible mission

Accused CEO killer Mangione withdraws emotional disturbance defence in New York case

June 18 was the deadline for Mangione’s legal team to provide prosecutors with documents related to the psychiatric defence.
June 18 was the deadline for Mangione’s legal team to provide prosecutors with documents related to the psychiatric defence.

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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.