Skip Navigation
Skip Navigation

The Key Loss Drivers for Workplace Injuries in Singapore

AIG's Client Risk Solutions (CRS) identifies key loss drivers for workplace injuries in Singapore under Work Injury Compensation Act Insurance.

AIG's Client Risk Solutions team conducted claims analysis and trending of workplace injuries to identify and understand the key loss drivers. This was based on 12 months worth of claims data under the Work Injury Compensation Act (WICA) cover. WICA lets employees make claims for work-related injuries or occupational diseases without having to file a civil suit under common law*.

Many organisations have problems in reducing the number of workplace injuries and the most important and easiest step to improve is by incorporating lessons from past workplace injuries. Claims data analysis by AIG's Client Risk Solutions is a valuable resource for risk improvement and the featured infographic condenses 12 months data into a high-level view of the most severe and recurring cases. The data is summarised based on ‘Types of workplace accidents’,  ‘Nature of workplace injuries’, ‘Body parts injured’ and  ‘Worker’s Rank’. Learning from past losses is essential to avoid recurrence and reviewing these data against current workplace Safety Management Systems can enhance duty of care to employees and reduce cost of risk.

AIG further emphasises the difference between Direct (Insured) and Indirect/Hidden Cost (Uninsured) that the employers should take into account. Most Health & Safety Experts estimate that the Indirect/Hidden cost are two to 10 times the direct costs of an accident or workplace injury. Hence, learning from these trends and improving the Safety Management System will have a direct and frequently underestimated impact on improving profitability.

Key takeaways from AIG’s analysis:

  • Finger and Hand/Palm injuries made up 36% of the overall injuries reported
  • Slip, trip and fall accidents contributed 24% of the total claims frequency and nearly half of these result in Temporary or Permanent Disabilities
  • For every S$100 of claim cost incurred, approximately S$52 are paid for Permanent and Temporary Disability claims
  • Workplace injury prevention is not only a matter for the perceived high hazard industries – it’s relevant to all workplaces
  • The most common incidents are readily preventable

All these and more when you download the infographic today.


From over 3,500 claims analysed over a 12-month period, Finger and Hand/Palm injuries made up 36% of the overall injuries reported. More than 35% of the total claims value was incurred by 'Marine Trade Workers', 'Construction Workers' and 'Technicians'.

To learn what other key loss drivers are in the workplace, complete the form below and download this infographic.

Would you like to receive more updates, articles & other contents from AIG?

AIG Beyond Insurance

Risk management is important for all types of organizations, but it isn't a one-size-fits-all approach.

AIG partners closely with our clients to understand your business and tailor innovative solutions to your unique exposures. This client-centric approach enables our risk consultants to help manage and prevent risk more efficiently and effectively.

700+ experts worldwide which includes risk consultants, data scientists, catastrophe modelers, fradu investigators, and crisis response specialists.

Analytics and Modeling of client claim and risk data using Client Risk Solutions expertise, risk assessment metrics as well as industry data to improve a client's overall risk profile.

500+ clients have received customized analytics reports that deliver data-driven insights to improve worker safety and reduce loss costs.

Expert Consultative Services: Clicent Risk Solutions' Consultants partner with clients to identify opportunities to improve risk management and reduce losses.

AIG's Client Risk Solutions

Client Risk Solutions combines decades of industry-specific expertise, data-driven insights, and the power of technology with best-in-class service to deliver the right solutions to protect your organization.

We go beyond traditional insurance risk surveys.

We partner with our clients to provide you with tailored risk solutions.

We focus on eliminating or mitigating risk to reduce your total cost of risk.

Superior protection for your company's best asset

An employer may be legally liable to provide compensation to his workers and their dependents for personal injury/death by accident arising out of and during the course of employment. The Work Injury Compensation Act (WICA) covers the employer for such liabilities.

Medical Rehabilitation

A proven method to manage serious accidents and promotes early return to work.

Responsive Partner

With 24-hour report line to allow early intervention of accidents.

Health and Safety Management Support

A pro-active approach in identifying hazards in the worksite and implementing methods to manage these risks.

Need more information?
Send us a message and we'll connect you with one of our experts.