Singapore Life Insurance industry Report
Singapore’s life insurance slated for $43b premiums in 2029
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
Singapore life insurance industry records 23% growth in 2021
New business premiums reached $3.99b from January to December last year.
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Public spending on health may be unsustainable in the long run.