Asian liability insurance market offers significant growth opportunities: Swiss Re
Posted On: Nov. 27, 2015 12:00 AM CSTSwiss 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.