News Asia14 Feb 2025

Singapore:Life insurance sector achieves strong growth for 2024

| 14 Feb 2025

Singapore's life insurance industry ended the year strong with a 19.7% growth, reaching a total of S$5.87bn ($4.34bn) in weighted new business premiums for YTD 4Q2024, compared to last year, primarily due to an increase in the annual premium business, said the Life Insurance Association of Singapore.

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