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Life insurance industry sees 18% rise in new sales for year to September

Growth was recorded across all product types; LIA head glad that more people see value in financial planning

Said LIA Singapore president Patrick Teow: "More Singaporeans are recognising the value of financial planning and insurance for their future, and this is reflected in yet another quarter of strong growth for the life insurance industry.


THE life insurance industry achieved double-digit growth for the first nine months of this year, chalking up strong uptake across all product types.

Total weighted new business premiums for the year to September rose 18 per cent year on year to S$2.75 billion, said the...

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