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Singapore Life Insurance Sector Progress

Singapore's life insurance industry has been able to weather volatile global capital markets to great affect this past year, with new business premiums crossing the S$2 billion threshold for the first time in 2011 according to a new report. In their year-end dataset released this week, the Life Insurance Association of Singapore (LIA) revealed that the…

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Singapore's Life and Health Insurance Business Up on New Sales

The life insurance industry in Singapore is riding high, after growth in new sales of life insurance and health insurance policies continued into the second quarter of the financial year. The new business premiums in the Singaporean life insurance market were up 16% year-on-year for the second quarter, with figures for the first half of 2010 showing total weighted new business premiums growing…

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Monetary Authority of Singapore presses for greater insurance product transparency

The Executive Director of Insurance Supervision at the Monetary Authority of Singapore, Mr. Low Kwok Mun, said insurance products need to be more transparent to consumers in an address to the Life Insurance Association of Singapore at their annual general meeting on March 3rd. In his address Mr. Low said that while members of the Life Insurance Association (

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