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Life and non-life insurance penetration in Singapore in 2022

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Source

Release date

June 2024

Region

Singapore

Survey time period

2022

Supplementary notes

Insurance penetration is calculated as ratio of total insurance premiums to gross domestic product.

Source does not provide a release date. Date reflected here is the date of access.

Citation formats

Life and non-life insurance penetration Singapore 2022

Published by Jenny Yang, Jun 12, 2024

In 2022, insurance penetration reached *** percent in Singapore. Life insurance accounted for the largest share with a penetration rate of *** percent, while non-life insurance had a penetration rate of *** percent.

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Statistics on " Insurance industry in Singapore "

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Other statistics that may interest you Insurance industry in Singapore

Overview

4

Life insurance

5

Non-life insurance

6

Consumer perspective

6

Key indicators

4

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