News Non-Life19 Mar 2021

Singapore:General insurance sector records flat growth in 2020

| 19 Mar 2021

The General Insurance Association of Singapore (GIA) yesterday announced that the sector recorded a marginal 0.2% decrease in gross written premiums to S$4.09bn ($3.05bn) for the year ended 31 December 2020, compared to 2019. The sector also recorded an underwriting profit of S$237.3m.

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