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Prudential introduces new pricing approach to control excessive claims

Thu, Mar 30, 2017 - 5:50 AM

Stephanie Luobtnews@sph.com.sg@StephLuoBT

Singapore

IN a bid to address excessive claims and spending, British insurer Prudential is introducing a new pricing approach for customers, whose premiums are determined by age and the amount of claims in private hospitals.

From May 1, the company is offering clients a 10 per cent...

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