Insurance new business premiums up a modest 3% in 2018
Market factors aside, changes to the CPF scheme may have played a part to slow down sales
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Singapore
MARKET uncertainty and volatility took a toll on insurance sales in the fourth quarter of 2018.
Sales of single-premium linked plans fell 64 per cent in the fourth quarter on a year-on-year basis, from S$173.8 million in 2017 to S$62 million in 2018.
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