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Axco's life and benefits market report provides a comprehensive, impartial analysis of the life insurance market of Singapore. Information extends to extensive detail on healthcare (public and private), pensions and benefits, and social security. Specialist researchers visit Singapore and interview local professionals working across the local market. The report is updated with new information and data regularly throughout the cycle of country visits.
The report provides information about Singapore’s demographic profile and assesses its economic, political, climate, operational, and security risks. Key data on the investment environment in Singapore is available.
Axco’s report describes the regulatory framework that applies to the Singaporean domestic life insurance sector, including whether non-admitted insurance is permitted in Singapore; as well as the legislation necessary to know regarding Singapore’s healthcare, pensions and social security.
Statistics include five years of life insurance market performance indicators, including gross written premiums, premium growth and penetration rates. Company statistics show who are the leading life insurance companies in Singapore with local life insurance company premiums, market share and year on year growth.
Below are brief extracts of information from the Singapore Life & Benefits Report; more updated information may be available in the latest published report.