Insurance & Reinsurance Companies

DBS provides banking solutions to insurance companies through the whole life cycle of the insurance business. This starts from the collection of insurance premiums, to investing the collected premiums, safekeeping the invested assets and finally making maturity claims payments.

Our banking solutions also extend to helping insurance companies with capital fund raising through bond and equity issuances, as well as extending funding for Merger & Acquisition deals. The solutions we offer are predicated on specialised insurance knowledge such as Risk Based Capital in Singapore and the need to match investments to the insurance liability profile.

Our dedicated Insurance Relationship Managers have a deep understanding of the needs of the life insurers, Property and Casualty (P&C) insurers, and reinsurers in Singapore and the region, and are ready to work with you to deliver solutions tailored to your unique needs.

 

 

Operating Accounts

Operating Accounts

Run your business smoothly with DBS Business Account, which offers a comprehensive range of services designed to help you manage and execute your fund flows with speed and ease

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Fixed Deposits

Fixed DepositsEnhance your yield by placing fixed deposits with us. With our competitive interest rates, flexible range of tenures and wide range of global and Asian curriencies offered, you may enjoy higher returns on your funds with the safest bank in Asia.

Payments & Collections

Payments & CollectionsManage your Payments & Collections seamlessly through our comprehensive suite of solutions. We have multiple payment channels to help you transfer funds in an efficient and cost saving method both for domestic transfers and cross border transfers. We can enhance your cash flow with timely collection of insurance premiums through various payment modes, including cash, cheques and electronic debits.