AM Best: Singapore Non-Life Sector Posts First Underwriting Loss in a Decade (AM BestTV)

OLDWICK, N.J., May 15 (Bernama-BUSINESS WIRE) — In this episode of AMBestTV, Doniella Pliss, director of analytics and Trung Tran, financial analyst, both of AM Best Rating Services, said the COVID-19 pandemic and quarantine are expected to impact Singapore insurers’ growth in the near term. Click on http://www.ambest.com/v.asp?v=singaporenonlife420 to view the entire program.

For the first time in a decade, the Singapore non-life insurance segment recorded an underwriting loss in 2019. Tran highlighted the factors that led to this result.

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