Industry Performance

Total new business premiums (weighted*) for the whole year of 2001 registered an increase of 53% to $1,286 million, up from $838 million in 2000. On a quarter-on-quarter basis, the growth in new business slowed down to 4.5% in Quarter 4, from the record highs of 152% in Quarter 1 and 70% in Quarter 2 and a slower growth of 16% in Quarter 3.

Actual New Business Sales in Absolute Terms Single Premium

In absolute terms, single premium sales totaled $8,996...

-- Published 08 February 2002 --

The growth in total new business premiums (weighted*) slowed down to 16% in Quarter 3, from record growths of 152% in Quarter 1 and 70% in Quarter 2. However, because of the robust growth in the first half of the year, total new business premiums for the year up to September 2001 still managed to register an increase of 73% to $1,034 million, up from $597 million in the corresponding period last year

Actual New Business Sales

Single Premium...

-- Published 16 November 2001 --
Single Premium Sales Increased Three-fold

In the first half of this year, total new business premiums (weighted*) more than doubled to $777 million, up from $377 million in the first half of last year. The increase was primarily due to the liberalization of the use of CPF members’ Ordinary and Special Accounts since the beginning of this year.

Actual New Business Sales

Single Premium

In absolute terms, single premium sales totaled $6,020 million in the first half of this year, an increase of...

-- Published 14 August 2001 --
CPF Funds Provide Mainstay for Growth

In the first quarter of this year, total new business premiums (weighted*) jumped significantly by 152% to $422 million, up from $167 million in the first quarter of last year. The increase was primarily due to the liberalization of the use of CPF members' Ordinary and Special Accounts since the beginning of this year.

Actual New Business Sales

Single Premium

A record of $3,395 million of new business single premium sales was registered for the first quarter of 2001...

-- Published 10 May 2001 --