Singapore Life

M&A

Singapore Life secures US$$90 mil investment from Sumitomo Life

SINGAPORE (July 1): Homegrown insurer Singapore Life has secured a US$90 million ($121.8 million) investment from Sumitomo Life Insurance Company, one of the largest life insurers in Japan.

M&A

City veteran Michael Spencer eyeing controlling stake in Singapore Life: FT

SINGAPORE (Dce 12): Insurance startup Singapore Life has apparently caught the eye of City veteran Michael Spencer who is said to be in advanced talks to invest US$50 million ($68.6 million) for a

Investing strategy

Singapore Life gathers interest from 800 consumers to invest in its 3% Endowment Plan

SINGAPORE (Nov 27): Singapore Life announced that since its pre-registration opened on Nov 23, 2018, more than 800 prospective clients have lodged interest to invest in its third savings fund – 3%

In print this week

Insurer Singapore Life aims to simplify products; bets on asset-light model for profitability

SINGAPORE (Sept 17): A veteran of the life insurance industry, Walter de Oude has developed some pet peeves about the business.

Zurich Insurance to sell Singapore life assurance business

(Jan 9): Zurich Insurance is selling its Singapore life assurance business, with policies providing US$4.5 billion ($6.0 billion) of coverage, to Singapore Life as part of the Swiss group’s overhau

New player in the local life insurance scene

SINGAPORE (June 13): Singapore is getting a new licensed insurer for the very first time since 1970.

Fintech

Life insurance startup Singapore Life raises $70 mil in funding

SINGAPORE (April 27): Singapore Life has raised US$50 million ($70 million) in Series A funding round led by Hong Kong listed Credit China FinTech Holdings through its subsidiary, Impact Capital Ho

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