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Travel insurance is an insurance product for covering unexpected 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 ...
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, subject to customary closing conditions and regulatory approvals.
Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or simply Great Eastern, is a Singaporean multinational insurance company and subsidiary of OCBC Bank operating in the Southeast Asia region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia.
The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. [7] [8] [9] General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets.
The Travelers Insurance Company was founded in Hartford by James G. Batterson, a stone contractor [12] who became aware for the first time of accident insurance for travelers (i.e., an early form of travel insurance) while traveling in England in 1859 from Leamington to London. [13]
Income Insurance Limited, commonly known as Income and previously also known as NTUC Income, is a composite insurer based in Singapore, offering life, health and general insurance. Initially founded as a cooperative in 1970 under the National Trades Union Congress (NTUC), it was restructured as a public non-listed company limited by shares in ...
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