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Argentina: Insurance premiums up 36% in January 2014

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Insurance premium volume in Argentina increased 36% year on year in January 2014 to 11.19 billion Argentine pesos ($1.4 billion), local news website Terra.com.ar reported citing the country's insurance regulator.

Property insurance premiums increased 37.5% to ARS 9.31 billion ($1.16 billion) during the month.

The insurance sector's performance for the remainder of 2014 will depend on the country's economic progress, industry observers have said.

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