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International

Ukraine war dampens insurance industry growth outlook

April 01, 2022 Reprints

Germany’s insurance industry association GDV has lowered its growth outlook for the local insurance industry this year to a 2.5% increase in total gross written premium due to the war between Ukraine and Russia, Xprimm reported. Before the war, GDV expected the German insurance industry to grow 3% this year from 2021.

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Ukraine war dampens insurance industry growth outlook

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