MARKET volatility and Singapore’s subdued economic growth weighed on insurance sales in the first nine months of 2019. Singapore – June 21, 2019 The RGA Leaders of Tomorrow were recognized at the International Insurance Society (IIS) Global Insurance Forum in Singapore on June 20. The ability to manage and embed these changes throughout the organisation is crucial. Singapore’s life insurance industry saw new business, in terms of total weighted premiums, shrink by 4 per cent to S$3 billion for January to September, compared to the year-ago period. SINGAPORE, 24 March 2020 – The General Insurance Association of Singapore (GIA) today announced that the sector achieved stable growth with 7.6 per cent annual growth in gross written premiums, totalling S$4.10 billion as at 31 December 2019.. SINGAPORE (THE NEW PAPER) - Overuse of insurance and pricey doctors in private practice could be reasons for the high inflation in the healthcare … The Life Insurance Association, Singapore (LIA Singapore) today announced a set of industry results for the period January to March 2019 (1Q2019). 59 Cyber insurance market watch survey: Executive summary , Council of Insurance Agents & Brokers, July 30, 2018. Medical cost inflation here rose 10 per cent last year, 10 times more than the Singapore economy's estimated 2018 inflation rate of 1 per cent, according to Mercer Marsh Benefits 2019 … Cyber-risk climbs four ranks to top Singapore’s insurance risk landscape. Insurance Banana Skins 2019: A Singapore observation. AXA and a local partner are also considering a potential sale of their life and general insurance venture in Malaysia, which could fetch about $650 million, Bloomberg News reported last year. Early this year, in our Willis Towers Watson 2019 Asia Market Report, we projected 2019 will be a challenging year for many clients in the insurance industry, particularly on large and complex risks.We also predicted that a more professional marketplace would also emerge in the midst of challenging market conditions. Insurance Business Magazine is the leading business magazine for today’s sophisticated commercial Insurance Broker! 58 “Cyber insurance market to double by 2020, says Munich Re,” Advisen Front Page News, published September 9, 2018. Figures from the Life Insurance Association Singapore (LIA) showed new business, in terms of total weighted premiums, down 13 per cent year-on … Lawrence Cheng, from Peak Re, Ayodele Iyun from Custodian & Allied Insurance , and Carmony Wong from RGA were also recognized as the 2019 Leaders of Tomorrow Leadership Honorees. Business Insurance serves business executives who are responsible for the purchase and administration of corporate insurance/self-insurance programs. With the pace of change at an unprecedented level, insurance industry players are constantly being challenged on the status quo.
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