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Life insurers' capital adequacy ratios well above minimum requirement

Strength reflected by lowest CAR of 208% vs required 120%

Published Sun, Jul 19, 2015 · 09:50 PM
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Singapore

THE tables have turned for some of the nine major life insurers here in terms of their financial strength for 2014.

Those that previously reported lower capital adequacy ratios (CARs) have turned their fortunes around, while others continued on their downward trend. Still, all nine insurers have CARs way above mandatory requirement.

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