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Vietnam drives premiums in Asian emerging markets: Swiss Re

Posted On: Jul. 5, 2019 5:50 AM CST

A report found that nonlife insurance premiums grew 11% year over year in emerging markets in the Asia-Pacific region, driven by property and motor business in Vietnam, Malaysia and Indonesia, Asia Insurance Review reported. The report by Swiss Re Ltd. found that Vietnamese insurers' total premiums grew 23% to nearly $6 billion, compared with 6% in Asian emerging markets and nearly 5% across the world.

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