The Singapore insurance industry provides a broad range of life, health, general, commercial and reinsurance coverage to individuals and businesses. A strong regulatory environment and entry of a number of global companies and brokers has seen Singapore established as a key regional centre for insurance and reinsurance, and domestically the penetration of life and health products continues to increase.

Challenges faced by insurers include the need to strengthen customer relationships and develop tailored and targeted products in the face of increasing customer demands and competition.

Recent and upcoming regulatory changes are an additional challenge, including FAIR, RBC2, ERM for Insurers & IFRS4.

Reinsurance 2020

Taking control of your destiny

This is a follow-up to 2013’s Reinsurance 2020, which looked at why a radical rethink of how to build for the future is needed within a fiercely competitive and rapidly evolving reinsurance marketplace. Reinsurers with undifferentiated `me too' strategies could be squeezed out of the market. Which business models will be viable in five years' time and what steps do you need to take to position your business out in front?
Learn more

Insurance 2020

Unleashing the value from values

Five golden rules for a high performing culture in the insurance industry Learn more

Contact us

Woo Shea Leen
Insurance Leader
Tel: +65 6236 3908

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