General insurance premiums rise 8% in Singapore
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The General Insurance Association of Singapore has said that the sector's gross written premiums grew nearly 8% year-over-year to more than $4 billion Singapore ($2.8 billion) in 2019, Asia Insurance Review reported. The general insurance industry reported an underwriting loss of SGD 28 million last year, compared with a profit of SGD 36 million in 2018.
