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Motor premiums set to rise (Amended)

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After two years of sliding premiums, they may soon have to start forking out more for car insurance as insurers feel the impact of higher costs and lower earnings from intense competition which forced rates down.

Singapore

Bad news ahead for motorists.

After two years of sliding premiums, they may soon have to start forking out more for car insurance as insurers feel the impact of higher costs and lower earnings from intense competition which forced rates down.

An agency owner said

sentifi.com

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