Singapore motor sector returns to profit for first time since 2005
The Singapore domestic general insurance industry registered strong growth amid global economic uncertainty and huge catastrophic losses experienced in other markets, according to the latest figures from the General Insurance Association in the country.
It said total gross premiums went up by 4.5% to $3.17bn last year, an increase from $3.03bn in 2010.
The industry's total underwriting profit shot up 25% to reach $248.3m in 2011, up from $198.1m in
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