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April 2019

The Monetary Authority of Singapore (MAS) approved Singapore Life as the newest fully licensed direct life insurer. They also became the first local insurer, without foreign partners, to receive licensing since 1970. In April 2017, Singapore Life raised US$50 million (S$69 million) – the largest ever by a Singapore-based InsurTech company – in its series A funding round. It had the support of international shareholders Credit...

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