Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

Founded in 1962, the Life Insurance Association, Singapore is the not-for-profit trade body of life insurance product providers and life reinsurance providers based in Singapore and licensed by the Monetary Authority of Singapore. Its 29 members comprise 22 life insurers and seven life reinsurers.

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-- Published April 7, 2015 --

Industry Performance

Approximately 10,000 more Singapore residents get additional health insurance coverage mostly through Integrated Shield Plans and riders
Increased take-up in single premium non-linked products over linked products as individuals seek stability amid increased volatility in the investment market