News Non-Life06 Mar 2019

Singapore:Motor business turns around to post underwriting gains in 2018

| 06 Mar 2019

Underwriting profits for the motor business picked up in the second half of 2018, after three consecutive quarters of incurring losses, to record underwriting profit amounting to S$9.96m ($7.35m) for the 2018 financial year. This reverses the S$27.2 million underwriting loss recorded in 2017.

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