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The Singaporean non-life insurance segment generates a larger proportion of its business from overseas markets than the life and personal accident and health insurance segments.

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Synopsis The report provides in depth market analysis, information and insights into the Singapore non-life insurance market, including: • The Singapore life insurance market’s growth prospects by non-life insurance categories and customer segments • The various distribution channels in the Singapore non-life insurance market • The competitive landscape in the Singapore non-life insurance market • A description of the non-life reinsurance market in Singapore Summary The Singaporean non-life insurance segment generates a larger proportion of its business from overseas markets than the life and personal accident and health insurance segments. Consequently, macro- and micro economic conditions in neighboring countries have a significant impact on the growth of the Singaporean non-life insurance segment, with overall economic growth in the region following the global financial crisis in 2009 resulting in increased demand for property, motor and liability insurance products. This improvement in offshore business, coupled with Singapore’s impressive economic growth in 2010 and 2011, accelerated the growth of the non-life insurance segment during the review period. Scope This report provides a comprehensive analysis of the non-life insurance market in Singapore: • It provides historical values for the Singapore non-life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period  • It offers a detailed analysis of the key sub-segments in the Singapore non-life insurance market, along with market forecasts until 2016

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