Presentation to Analysts & Press - Great Eastern Life
Presentation to Analysts & Press - Great Eastern Life
Presentation to Analysts & Press - Great Eastern Life
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DESPITE POOR GLOBAL ECONOMY, DETERIORATED SINGAPOREECONOMY AND SLOWED INSURANCE INDUSTRY….Sluggish key economies…GDP percent change on yearago, Q2 2003+ deteriorated SG GDPPercent change on yearago, 2003Slowed Insurance IndustryTotal Weighted Premium,SGD Millions1.93.9260-32%1.61780.60.0US Japan Eurozone-4.32003F Q1 Q21Q021Q03Source: The Economist; Monetary Authority of Singapore; <strong>Life</strong> Insurance Association2