by AIP Online Bureau | Sep 24, 2024 | Data, Eco/Invest/Demography, Non-Life, Technology
A patient afflicted with dementia is estimated to incur $1.6 million in expenses if the individual survives for 10 years.3 Without CI plans to mitigate medical inflation, ongoing treatments for critical illness may be beyond the means of average Singaporeans...
by AIP Online Bureau | Aug 18, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Lawrence Wong ,Prime Minister, Singapore Prime Minister Lawrence Wong said easing the regulatory burden and cutting the cost of doing business was part of his government’s efforts to nurture and grow the spirit of innovation and enterprise in Singapore Singapore:...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...
by AIP Online Bureau | Jun 16, 2024 | International News, Non-Life, Reinsurance
Singapore’s Maritime and Port Authority said in a statement late Saturday the oil leak from the vessel had been contained, and that the oil that escaped from the damaged tanker had been treated with dispersants Singapore: An oil spill caused by a dredger boat...
by AIP Online Bureau | May 27, 2024 | International News, Non-Life, Reinsurance
Promising thought-provoking discussions, SIRC 2024 will delve into the diverse trajectories required to reshape itself to be climate resilient while looking at the transformative possibilities of artificial intelligence (AI) automation and its pros and cons for the...