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Asian liability insurance market offers significant growth opportunities: Swiss Re

Posted On: Nov. 27, 2015 12:00 AM CST

Swiss Re Ltd. has said in a report that the liability insurance market in Asia is likely to offer considerable growth opportunities, reports Asia Insurance Review.

The report said that liability premiums in Asia increased by 10% each year between 2007 and 2014. Liability premiums in Asia accounted for 3.8% of the total nonlife premiums in the region in 2014. Japan leads the Asian liability market followed by China.

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