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A report by German financial services firm Allianz S.E.'s Allianz Research expects insurance premiums to grow by 9.4% a year over the next decade in Asia excluding Japan, Sunstar reported. Around 60% additional premiums are expected to be generated in the region. In the Philippines, the insurance market is expected to grow by 12.3% in the next decade
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms