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International

Taiwan's insurance industry to contract nearly 2%

June 30, 2020 Reprints

U.K.-based data analytics firm GlobalData PLC expects Taiwan's general insurance industry to contract by 1.7% this year as a result of the COVID-19 pandemic, Asia Insurance Review reports. Property insurance is likely to decline, while aviation insurance segment is stagnating due to restriction on domestic and international travel.

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Taiwan's insurance industry to contract nearly 2%

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