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PR Newswire
13-08-2013, 10:08 AM
It should be a good news, an improvement over under-insured issue previously...
Life insurance sales jump 24% in first half
SINGAPORE – The Republic’s life insurance industry is confident that growth momentum will remain healthy for the rest of the year, after rising consumer and market sentiment led to a jump in new premiums in the first half, overcoming a challenging start in the earlier part of the year.
Life insurance sales grew at a rapid pace between January and June, with weighted new business premiums climbing 24 per cent to hit S$1.3 billion from a year earlier, driven by robust sales across all product lines, the Life Insurance Association of Singapore (LIA) said yesterday.
Sales of regular premium products were particularly strong, rising 31 per cent to S$983.8 million during the period. Sales of single premium products also increased by 7 per cent to S$314.2 million.
http://www.todayonline.com/business/life...first-half
Life insurance sales jump 24% in first half
SINGAPORE – The Republic’s life insurance industry is confident that growth momentum will remain healthy for the rest of the year, after rising consumer and market sentiment led to a jump in new premiums in the first half, overcoming a challenging start in the earlier part of the year.
Life insurance sales grew at a rapid pace between January and June, with weighted new business premiums climbing 24 per cent to hit S$1.3 billion from a year earlier, driven by robust sales across all product lines, the Life Insurance Association of Singapore (LIA) said yesterday.
Sales of regular premium products were particularly strong, rising 31 per cent to S$983.8 million during the period. Sales of single premium products also increased by 7 per cent to S$314.2 million.
http://www.todayonline.com/business/life...first-half
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