Singapore Insurance Q2 2020

Singapore Insurance Q2 2020

Key View:

Both Singapore’s life and non-life insurance markets will feel the impact of a challenging macroeconomic climate in themedium term, with premium growth across both sectors set to be steady but subdued. We expect digital products and newdistribution channels to remain a key focus of providers, as they look to provide customers with flexibility. Meanwhile, the agreementof phase one in the trade dispute between the US and China could see the economic landscape in Singapore start to improve, andas a result, return the life and non-life sectors to more robust levels of market expansion.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Asia Pacific Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
AIA Group
NTUC Income
Insurance Methodology

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