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Financial claims against life insurers rose in 2023, those against financial advisers fell
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Life insurers were the subject of 51 market conduct-related claims in 2023, up 38 per cent on 2022.
PHOTO ILLUSTRATION: PEXELS
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SINGAPORE – Complaints against insurance firms shot up in 2023 while those concerning financial advisers fell.
Life insurers were the subject of 51 market conduct-related claims, as such complaints are termed, in 2023, up 38 per cent from 2022.
