Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets

[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities.This is the issue currently…

Continue ReadingWeaker greenback raises risk of currency mismatch for Asian insurers holding USD assets

Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets

[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities.This is the issue currently…

Continue ReadingWeaker greenback raises risk of currency mismatch for Asian insurers holding USD assets

Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move

[SINGAPORE] Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital. Prudential and AIA told The…

Continue ReadingPrudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move