September 2022

Singapore Jails Six Insurance Brokers For Tax Evasion

Six Singapore insurance brokers were found guilty of tax fraud after the court discovered that they reported fake business costs to decrease their income taxes by about SG$100,000. Today reported that the former Great Eastern Financial Advisers representatives all acknowledged to entering fraudulent entries in order to avoid paying taxes. Each of the six agents …

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A Hectic Year Is Ahead

Three significant events will occur in the fiscal year that began in July 2022, according to Southern Cross Health Society Group. (FY23). Insurance Business spoke with CEO Nick Astwick about the company’s future plans. “I believe this year will be more typical for our members’ access to health care,” said the CEO, whose camp’s claims …

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