In 2022, insurance penetration reached 9.3 percent in Singapore. Life insurance accounted for the largest share with a penetration rate of 7.5 percent, while non-life insurance had a penetration rate of 1.8 percent.
Life and non-life insurance penetration in Singapore in 2022
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Atlas Magazine. (June 12, 2024). Life and non-life insurance penetration in Singapore in 2022 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/
Atlas Magazine. "Life and non-life insurance penetration in Singapore in 2022." Chart. June 12, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/
Atlas Magazine. (2024). Life and non-life insurance penetration in Singapore in 2022. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/
Atlas Magazine. "Life and Non-life Insurance Penetration in Singapore in 2022." Statista, Statista Inc., 12 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/
Atlas Magazine, Life and non-life insurance penetration in Singapore in 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/ (last visited September 20, 2024)
Life and non-life insurance penetration in Singapore in 2022 [Graph], Atlas Magazine, June 12, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316272/singapore-life-and-non-life-insurance-penetration/