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Life insurance industry's Q2 growth muted

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Published Tue, Aug 5, 2014 · 10:00 PM

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SINGAPORE'S life insurance industry recorded muted growth in the second quarter this year.

Weighted new business premiums for the three months ended June fell 10 per cent to S$660.3 million from a year ago.

This, as weighted annual premiums dropped by 19 per cent to S$450.1 million in the second-quarter compared with the same period last year.

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