Talk to us.

This blog is a collation of insights and commentaries from stakeholders across the insurance industry. Want to start a discussion? Write to us!

All views expressed are those of the authors in their personal capacity, and unless otherwise stated, do not purport to reflect the opinions or views of the ILAS nor its Committee.

Write in
Things Amongst Other Things…
ILAS EXCO ILAS EXCO

Things Amongst Other Things…

From time to time the law has to pause, look around, and refresh its vocabulary to describe the world as it now exists rather than the one it inherited.  A good example arrived recently in the form of the Property (Digital Assets etc) Act 2025. This article outlines the purpose of and some initial questions relating to the Act and potential implications for commercial insurance products.

Read More
Apocalypse never? The insurance markets’ response to climate change risks
ILAS EXCO ILAS EXCO

Apocalypse never? The insurance markets’ response to climate change risks

For months now, everyone has been talking about climate change. Climate risks, climate events, climate modelling, climate exposures, new climate exclusions. This article critically assesses some of the model exclusions and bespoke carrier clauses seen in practice that exclude liability for exposures with a causal link to ‘climate change’

Read More
Subrogation Woes – do the terms of your insured’s tenancy agreement prevent recovery?
ILAS EXCO ILAS EXCO

Subrogation Woes – do the terms of your insured’s tenancy agreement prevent recovery?

Sometimes loss events to occur at tenanted premises, and the insurer of landlord or tenant may settle the resulting claim(s) and then seek subrogation. Questions may then arise as to whether the landlord or tenant may rely on a terms in the underlying tenancy agreement to assert that it cannot be sued for the loss. This article explores such issues through HSBC Institutional Trust Services (Singapore) Ltd (as trustee of AIMS AMP Capital Industrial REIT) v DNKH Logistics Pte Ltd [2023] SGHC(A) 13.


Read More
Parametric Insurance – A Useful Tool for Fighting the Climate Emergency?
ILAS EXCO ILAS EXCO

Parametric Insurance – A Useful Tool for Fighting the Climate Emergency?

As the world faces the escalating impacts of climate change, innovative solutions are essential to manage the growing risks of extreme weather events. One such solution gaining traction is parametric insurance. This article explores what parametric insurance is and how it could play a role in combating the climate emergency or cushioning the financial impact of climate events. It also considers the regulatory landscape for such products in Singapore.

Read More
Unlocking a Robust Claims Fraud Risk Framework in Asia
ILAS EXCO ILAS EXCO

Unlocking a Robust Claims Fraud Risk Framework in Asia

In the age of digital insurance, fraud poses an ever-evolving challenge for Asia’s insurers, with consequences for consumers and shareholders alike. But defences are also advancing, and a sustainable fraud control framework is more achievable than ever before. Rudolf Frei (IBNR Management Consulting Pte Ltd) discusses how a fraud framework can assist insurers.

Read More
Video Surveillance System on Higher Value Construction Sites – Possible Impacts on how Common Law Work Injury Claims are Litigated
ILAS EXCO ILAS EXCO

Video Surveillance System on Higher Value Construction Sites – Possible Impacts on how Common Law Work Injury Claims are Litigated

As of 1 June 2024, all construction sites in Singapore with a contract value of SGD 5 million and above will be required to have a video surveillance system installed. This new regulations could significantly impact the litigation of common law work injury compensation claims. However, the full extent of these changes will unfold with time.

Read More