Singapore: Life sector sales grow 24% to top US$1 bln in 1H
Source: Asia Insurance Review | Sep 2013
Life insurers saw weighted new business premiums grow 24% y-o-y to reach S$1.29 billion (US$1.02 billion) for the first half of 2013, driven by particularly strong sales of regular premium products amounting to S$983.8 million, said the Life Insurance Association of Singapore (LIA).
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