Life and Health, Market report, News

Singapore’s Life industry sees mixed performance through first three quarters of 2023

Amidst economic uncertainty, Singapore's life insurance industry sees a decline in single-premium policies but a robust uptake in annual premiums and health insurance plans, reports the Life Insurance Association.

Editorial team

November 13, 2023

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3 min read

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25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September