(June 21 06:00) Sbr.com.sg
Submitted By:
Staff Reporter
Case Study:
No
It will benefit from sustained demand for annual premium products.
Life insurance premiums are expected to grow by around 5% in 2020 as sustained growth in annual premium products, moderate demand for single premium policies and benefits from improved pricing sufficiency of integrated health plans continue to boost the sector's growth prospects, according to a report from S&P.
Also read: Insurance gross premiums climbed 3.4% to $3.81b in 2018
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