The Business Times
business-time-50

New Q1 sales in Singapore life insurance sector grows 10%

google-preferred-sourceAdd BT as a preferred source
Vivienne Tay

Vivienne Tay

Published Fri, May 22, 2020 · 09:50 PM

    Singapore

    NEW business in Singapore's life insurance industry, in terms of total weighted premiums, grew 10 per cent to S$965.8 million for the first quarter from January to March 2020, from S$877.8 million a year ago.

    This comes as more consumers took action to secure their financial future in view of Covid-19's drastic impact on the global and local markets, said the Life Insurance Association, Singapore (LIA) on Friday.

    Insurance

    TRENDING NOW

    Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

    Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    “I want people to be very proud of Great Eastern as a local champion,” says group CEO Greg Hingston.

    ​Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot

    British PM Keir Starmer says he would support whoever replaces him.

    UK PM Starmer resigns; new leader to be in place by September

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More