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Generali Spain's premiums decline marginally

Posted On: Mar. 20, 2019 5:49 AM CST

Premiums of Assicurazioni Generali SpA's Spanish unit declined 1.5% year over year to €2.4 billion ($2.7 billion) while nonlife premiums increased 2.5%, reported citing sources. Generali Espana Holding de Entidades de Seguros S.A. needs to increase its operations by 50% in Spain to boost its market share from the current 4%, the sources said.

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