News Asia14 Mar 2013

Singapore:Non-life underwriting profit up 16% to US$231 mln in 2012

14 Mar 2013

Singapore's domestic non-life sector posted a 16% increase in underwriting profit to S$288.21 million (US$231 million) in 2012, driven mainly by motor's robust profit of S$50.36 million, up 135.12%. Total gross premiums went up 5.4% to S$3.34 billion, while net earned premiums rose 6.47% to S$2.35 billion.

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