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On 13 September 2023, Aviva announced its withdrawal from the Singlife joint venture. [4] 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 ...
Choose the option that allows you to pay using your checking account or bank account number. It might be labeled as “Check,” “Add a Bank Account” or “ACH Payment.” 4. Enter Your ...
Co-insurance payment rates are to be reduced from 10 to 20% to 3–10% and the lifetime claim limit is to be removed. [26] The scheme helps to pay for hospital bills and selected outpatient treatments. The government provides premium subsidies to lower- to middle-income residents, the elderly and new policyholders transitioning from cheaper ...
The MAS Electronic Payment System, or MEPS in short, is an SGD-only online interbank payment and fund transfer system in Singapore. [1] It went online in July 1998, and is owned and operated by the Monetary Authority of Singapore (MAS). The irrevocable transfer of funds and the real-time nature of transfers are some of the key features of MEPS.