Exclusive - Singapore Re Turns in Record Profits in a Watershed Year
Source: Asia Insurance Review | May 2007
Riding on the back of a huge investment income, Singapore Re turned in its best-ever returns in its 34-year history with a 17% increase in net profit before tax to S$24.9 million in 2006 on the back of a 21% increase in net investment income to $21.7 million, due largely to the proactive trading stance adopted in an extremely buoyant stockmarket.
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