Generative AI holds immense potential for the insurance industry.

A Special Message by Mr. Daniel Wang, Chairman, Singapore College of Insurance Executive Director, Insurance Department, Monetary Authority of Singapore

The marine insurance industry is undergoing significant changes driven by shifts in global economics, technological advancements, and evolving trade patterns. Insurers, particularly those focusing on cargo and liabilities, need to stay ahead of these trends to manage risks effectively and leverage new opportunities. Here are the key trends shaping the future of marine insurance, supported by real-world use cases.

In the dynamic realm of wealth management, Singapore stands out as a compelling destination for high-net-worth (HNW) and ultra-high-net-worth (UHNWs) individuals seeking to grow and safeguard their assets. As wealth accumulates, the significance of effective legacy and succession planning becomes paramount, especially for High-Net-Worth (HNW) business owners.