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Thursday, March 3, 2011

Singapore insurance industry faces uncertain future - MAS

GFSnews.com, 3 Mar 2011Singapore's insurance industry faces a "highly uncertain" operating environment, according to the country's financial regulator.Lee Boon Ngiap, assistant managing director for banking and insurance at the Singapore Monetary Authority, said on Wednesday that while performance is set to be "good" this year, several challenges are on the horizon. Full story