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In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [12]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
Singapore had relatively few COVID-19 cases before the emergence of the Delta and Omicron variants from 8 May 2021 to 29 March 2022. [2] With its relative success in curbing the early spread of the virus in Singapore, the term "circuit breaker" and its measures was subsequently adopted by other countries, particularly in Canada and the United ...
Travel restrictions may be most important at the start and end of the pandemic. [3] The travel restrictions brought a significant economic cost to the global tourism industry through lost income and social harm to people who were unable to travel internationally. When travel bans are lifted, many people are expected to resume travelling.
Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
Do you regularly purchase ticket insurance for concerts or big events? Amid the COVID-19 pandemic, many event patrons began making it a habit to purchase ticket insurance as a financial buffer. If ...
The company then expanded into the Philippines in 2014 and Indonesia in 2015. Expanding into three more countries in 2016, [4] [8] that year FWD Group acquired Shenton Insurance in Singapore, [9] also purchasing a unit from Great Eastern Holdings Ltd. in Vietnam [8] for $35 million. [16] In late 2016, FWD agreed to buy AIG's Fuji Life Insurance ...
25 February: Singapore announced a ban on visitors arriving from Cheongdo and Daegu in South Korea from 26 February, following a large increase in the number of confirmed cases there. Singapore citizens, permanent residents and long-term pass holders returning from Cheongdo and Daegu within the last 14 days were issued a SHN lasting 14 days. [121]
The COVID-19 pandemic in Singapore was a part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 . The first case in Singapore was confirmed on 23 January 2020. Early cases were primarily imported until local transmission began to develop in February and March.
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