During 2019, Singapore’s economy grew 0.7%, the slowest rate since 2009, and a drop from the 3.4% growth in 2018. Against this backdrop, EQ Insurance (“EQI”) achieved a 6% drop in gross written premium (“GWP”) of S$51.7 million in 2019. Despite the drop, we still surpassed a revenue milestone of above S$50 million for the second consecutive year.
Please click here to view the 2019 Annual Publication and click here for the audited 2019 Financial Statements