The insurance market in Singapore as a whole is very mature and growth as an industry will be limited. The future as we see it lies in the Asia Pacific Region and we are keen to expand our presence by leveraging on our existing strengths and support from our customers and partners.

We view markets such as Malaysia, Indonesia, Vietnam and Cambodia, with prudent optimism. These present different challenges for us but ones we must face if we are to remain relevant to our customers who in turn are expanding into the region at an increasing rate.

Growth will be underpinned by establishing strong local partnerships based on existing core businesses as well as the development of niche products.