Online Life Insurance

Singapore’s Life Insurance Association (LIA) president, Darren Thomson revealed that despite the downturn of the current economy, next year’s reversionary bonuses are unlikely to fall.

After concerns arose that bonuses will fall early next year, Mr Thomson, also president and chief executive of Manulife Singapore, said that the bonuses are “smoothed” over steadily making it a very gradual process in order to make it simpler for insurers to manage during both good and bad times. Read more