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Raffles Medical 2Q earnings kept steady at $16.9 mil; health insurance products to be another growth factor

Sharanya Pillai
Sharanya Pillai8/6/2018 11:52 AM GMT+08  • 3 min read
Raffles Medical 2Q earnings kept steady at $16.9 mil; health insurance products to be another growth factor
SINGAPORE (Aug 6): Raffles Medical Group's expansion into mass market health insurance products will be another growth factor for the group, says executive chairman Dr Loo Choon Yong.
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SINGAPORE (Aug 6): Raffles Medical Group's expansion into mass market health insurance products will be another growth factor for the group, says executive chairman Dr Loo Choon Yong.

This follows the Aug 1 launch of the group's Raffles Shield, an Integrated Shield Plan covering hospitalisation and surgery. Its insurance arm, Raffles Health Insurance, had thus far focused on the business-to-business segment.

Speaking at a media briefing at its 2Q18 ended June results briefing this morning, Loo adds that the group is exploring other health insurance products catered to the masses, such as critical illness policies.

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