In a speech delivered on 25 June 2026, Gan Kim Yong, chairman of the Monetary Authority of Singapore, announced that MAS would soon consult on introducing protected cell companies. The proposed structure would allow assets and liabilities to be separated within individual cells under a common core entity, while sharing infrastructure. MAS presented this as a way to widen access to captive insurance and support alternative risk transfer, including

On 3 March 2026, Singapore’s Ministry of Manpower announced that eight additional occupations in food services, social services and air transportation would join the Non-Traditional Source Occupation List from September 2026. The factsheet retains an 8% NTS sub-Dependency Ratio Ceiling and a fixed monthly salary of at least SGD2,000 for workers employed under the list. The announcement concerns a specified Work Permit mechanism. It should not be interpreted as

Singapore’s Ministry of Manpower announced on 3 March 2026 that a new ONE Pass track for AI and technology talent would begin in January 2027 and replace Tech.Pass. The accompanying factsheet sets out company and individual criteria and allows qualifying remuneration to combine cash and specified non-cash components. Further details, including renewal criteria, are to follow. The announcement describes a future route. It does not establish that an applicant

GBV author Ruchika Pal in May 2019 joined Apollo Tyres as Group Head – Corporate HR, based in Singapore. Headquartered in Gurgaon, India, Apollo has 16,000 employees worldwide and manufactures tires under the Apollo and Vredestein brands. Ruchika is in charge of global rewards, global mobility, HR policy, and other corporate HR functions; she also serves as HR Business Partner for all corporate functions. Previously, she was the Founder

Alcon in April 2019 announced it had added Sahil Batra to its staff as Senior Asia Benefits Manager, based in Singapore. Based in Geneva, Switzerland, Alcon is a global eye care provider. It was founded in Fort Worth, Texas; Fort Worth still is “a major operational, commercial, and innovation hub”. According to the company’s website, Alcon is “the largest eye care device company in the world” and has “complementary

Grab, a Singapore-based competitor to Uber present also in the Philippines and in Malaysia, in January 2019 announced it would sell insurance through its smartphone app. Grab will open up its ride-hailing app as a platform for direct distribution of insurance policies. The new capability is provided by Chinese partner ZhongAn Online P&C Insurance. The first insurance carrier to join the program is Chubb, with a loss of income

AIA in June 2018 announced the appointment of Daisuke Iwase as Group Chief Digital Officer (CDO) and a member of the AIA Group Executive Committee. Mr. Iwase currently serves as President of Lifenet, a listed digital direct life insurance company in Japan, which he co-founded in 2006 and took public on the Tokyo Stock Exchange in 2012. Lifenet provided over US$18.8 billion of insured capital and has more than

Swiss Life Global Solutions in April 2018 signed a new partnership in Singapore with FWD, a provider of group life and group medical plans, in addition to the existing partnership with Prudential Singapore. The partnership with network partner Dubai Insurance Company has also been increased, leading to an enlarged collaboration in the Gulf Cooperation Council (GCC) region with countries such as Qatar, Oman, Kuwait, Bahrain and Saudi Arabia. By

AIA Singapore and Medix in May 2018 announced an exclusive partnership to offer Personal Medical Case Management Services (PMCM) to AIA customers. The service is said to be the first of its kind in Singapore and will help customers facing serious medical conditions by making sure they get the right diagnosis as fast as possible, have access to optimal treatment, and are supported through their treatment journey until recovery.

Tokio Marine Life Insurance Singapore (TMLS) and Henner Group in June 2016 announced that they have joined forces to launch an international medical coverage solution for globally mobile employees based in Singapore. Henner is a French firm specialized in employee benefits and one of the largest and best-known TPAs in the international private medical insurance market where it was previously known as GMC. The partnership allows TMLS and Henner

Engineers at the Institute of Bioengineering and Nanotechnology (IBN) , a member of the A*STAR’s group of biomedical sciences institutes in Singapore have developed a new material that claims to kill E. coli bacteria quickly and without the adverse health effects of triclosan, a common antibacterial agent that has been restricted in the European Union. IBN Group Leader Yugen Zhang, PhD, and his team, synthesized a chemical compound made

AXA has announced in June 2015 the creation of AXA Lab Asia in Shanghai, identical to AXA Lab in the Silicon Valley. Led by Frank Desvignes, it will act as a business-focused center of expertise on data analytics and foster Research & Development. Meanwhile, AXA Strategic Ventures will open a new office in Hong Kong, so as to be in the best position to seize the numerous investment opportunities