Singapore life insurance employees up to 8,300 in March

Pedro Gonçalves
clock • 1 min read

There is an upward trend in the number of employees and tied representatives in Singapore's life insurance sector, according to the market's leading industry association. The number of employees at Singapore's life insurance industry hit 8,309 in March to extend a steep uptrend in the last two years where total manpower hit 6,883 in 2017 and and 7,594 in 2018, according to a report from the Life Insurance Association Singapore. The rise in manpower coincides with growth in total weighted premiums which rose 1% to S$937.2m.  Annual premiums grew by 11%, slightly offsetting the 20% plu...

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