Singapore’s general insurance industry to hit S$7.35b in 2028

📆 16-10-23 04:53:00
📰 SBRMagazine

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Belgique Nouvelles Nouvelles

pstrongThe industry will grow at a compound annual growth rate (CAGR) of 5.8%./strong/p pGross written premiums (GWP) of Singapore’s general insurance industry will reach S$7.35b (US$5.5b) in 2028, growing at a compound annual growth rate (CAGR) of 5.8%.

Gross written premiums of Singapore’s general insurance industry will reach S$7.35b in 2028, growing at a compound annual growth rate of 5.8%.

In terms of line of business, Personal Accident and Health insurance is leading the industry, accounting for a 23.9% share of the general insurance GWP in 2023. Behind PA&H are property insurance and motor insurance, which accounted for a 19.1% and 18.4% share of general insurance GWP in 2023, respectively.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités