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History. DirectAsia was founded in Singapore in 2010 and launched in Hong Kong in 2012 and in Thailand in 2013. [3][4] During 2013, DirectAsia had gross written premiums of $25.3 million. [5] In 2014, DirectAsia was acquired by Hiscox Insurance to commit further to serving customers in Asia. Hiscox has reached a $55 million agreement with ...
The company entered into an agreement to sell its 25.9% stake in Singlife, as well as two debt instruments, to Sumitomo Life Insurance Company for a total cash consideration of SGD1.4 billion (£0.8 billion). The sale is expected to complete in Q4 2023, subject to customary closing conditions and regulatory approvals.
Income Insurance Limited, commonly known as Income and previously also known as NTUC Income, is a composite insurer based in Singapore, offering life, health and general insurance. Initially founded as a cooperative in 1970 under the National Trades Union Congress (NTUC), it was restructured as a public non-listed company limited by shares in ...
T. TM Asia Life. Categories: Financial services companies of Singapore. Insurance companies by country. Insurance in Singapore.
The car ownership rate in Singapore is roughly 11%. In comparison, it is 50% in the European Union and 80% in the United States. [3] As part of the government's continued efforts to make Singapore a "car-lite society" and reduce car dependency, only around 33% of Singaporean and permanent resident households own cars in Singapore in 2023, down from 40% in 2013.
Driving in Singapore. In Singapore, cars and other vehicles drive on the left side of the road, as in neighbouring Malaysia, due to its British colonial history (which led to British driving rules being adopted in India, Australia, New Zealand, and Hong Kong as well). As a result, most vehicles are right-hand drive.
FWD Group. FWD Group is an insurance company based in Hong Kong. [4][5][6][7] Founded in 2013 [8] as the insurance arm of Pacific Century Group, the company provides life and medical insurance, general insurance and employee benefits [9] in Asia. [10] As of 2021, the FWD managed approximately US$63 billion in assets. [11]
AIA Group Limited. AIA Group Limited, [3] often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is an American-Hong Kong–based multinational insurance and finance corporation. It is the largest publicly traded life insurance group in the Asia-Pacific region. It offers insurance and financial ...
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