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INSURING CHANGE

Major life insurers' capital cushion more than comfortable

From 2009 to 2013, eight of them have kept their CARs above 180%, way above the required 120%

Singapore

SINGAPORE's nine major life insurers seem to have sufficient capital cushion for now, with all of them hitting a capital adequacy ratio (CAR) of more than 200 per cent last year, above the minimum requirement of 120 per cent.

The minimum capital requirement is set by the