Singapore Domestic Insurance Grows Amid Rising Claims
Singapore’s domestic general insurance sector recorded notable growth in 2025, with gross written premiums (GWP) increasing 8.4% year-on-year (YoY) to reach US$4.76 billion (S$6.1 billion), according to data from the General Insurance Association (GIA) of Singapore. The combined GWP for domestic and offshore segments grew by 3.7% YoY to US$8.74 billion (S$11.2 billion), reflecting sustained […]
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