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HEALTH INSURANCE

Rising claims point to premium hikes

Friday, October 14, 2016 - 05:50
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A study conducted by the Life Insurance Association Singapore last year has found that while Integrated Shield Plans (IPs) have served policyholders well, they are in danger of becoming unsustainable as rising claims have drastically squeezed underwriting profit margins.

Singapore

A STUDY conducted by the Life Insurance Association Singapore last year has found that while Integrated Shield Plans (IPs) have served policyholders well, they are in danger of becoming unsustainable as rising claims have drastically squeezed underwriting profit margins.

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