Singapore’s Insurance Trio Averages 9% YTD Return

Categories: General Market Analysis, Fundamental Analysis, Financial Analysis, Investor Education, Equity Investments

Country or region: Asia Pacific (Overall)

Summary:
Singapore’s Insurance Trio Averages 9% YTD Return
  • Singapore lists three stocks that make up the Insurance Sector - Great Eastern Holdings, United Overseas Insurance and Singapore Reinsurance Corp. The three stocks have a combined market value of S$15.5 billion.
  • Together the three stocks have averaged a 8.6% total return in the 2018 YTD, bringing their average 12M return to 31.4%. By comparison the MSCI World Insurance Index has gained 1.8% in the YTD, bringing its 12M total return to 10.5% in SGD terms.
  • While intensified competition and economic uncertainty provide challenges, the insurance industry is expected to further diversify distribution channels while exploring and engaging digital innovation.


Reference URL: http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_22052018_1




Abstract

Singapore’s Insurance Trio Averages 9% YTD Return

  • Singapore lists three stocks that make up the Insurance Sector - Great Eastern Holdings, United Overseas Insurance and Singapore Reinsurance Corp. The three stocks have a combined market value of S$15.5 billion.
  • Together the three stocks have averaged a 8.6% total return in the 2018 YTD, bringing their average 12M return to 31.4%. By comparison the MSCI World Insurance Index has gained 1.8% in the YTD, bringing its 12M total return to 10.5% in SGD terms.
  • While intensified competition and economic uncertainty provide challenges, the insurance industry is expected to further diversify distribution channels while exploring and engaging digital innovation.



Date of original publication:

05/22/2018


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