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Zenithpool
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So will we see a lower premium?

 

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Taken from Yahoo News

 

Motor insurers in Singapore finally got themselves out of the red after suffering from five consecutive years of losses. Last year, the local motor insurance industry achieved an underwriting profit of S$21.2 million

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I was thinking it could only improve further in next few years as cars got more expensive thus squeezing out those young punks with their WRXs in the past. Quite a good side effect of escalating COE cost, I would say.

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