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Life Feature - Singapore life market faces increasing commoditisation

Source: Asia Insurance Review | Sep 2011

With the 25th PIC Conference being held in Singapore, Mr Tan Hak Leh, the Conference Chairman, shares his take on the life insurance market on the island. The key challenges are an increasingly commoditised market and the need to close the protection gap, while the ageing population and high net worth segment present opportunities. By Benjamin Ang

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