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Stuart Spencer, chief executive of Zurich Insurance Group Ltd.'s Asia-Pacific business, has said that Indonesia is one of the world's most promising insurance markets in spite of the nation's economic decline in the past two years, reports The Jakarta Post.
"We continue to see opportunities in Indonesia as we see a healthy demand, in spite of lower-than-the-previous gross domestic product growth," Mr. Spencer said. He added that that Zurich Insurance will further expand its services in Indonesia for small businesses.