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Life insurance industry sees 18% rise in new sales for year to September

Growth was recorded across all product types; LIA head glad that more people see value in financial planning

Ann Williams

Published Wed, Nov 8, 2017 · 09:50 PM

Singapore

THE life insurance industry achieved double-digit growth for the first nine months of this year, chalking up strong uptake across all product types.

Total weighted new business premiums for the year to September rose 18 per cent year on year to S$2.75 billion, said the Life Insurance Association (LIA), Singapore on Wednesday.

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Companies & Markets

Life insurance industry sees 18% rise in new sales for year to September

Ann Williams

Consumer & Healthcare

HCA beats first-quarter profit estimates on higher patient admissions

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

EU toughens rules on Chinese fashion retailer Shein

Best World under fire from shareholders at AGM over dividends, director salaries

‘Extreme’ climate blamed for world’s worst wine harvest in 62 years

Sheng Siong Q1 net profit up 9.3% on higher revenue

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