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Premiums to grow by fastest in Asia

Posted On: Jul. 8, 2019 6:33 AM CST

Rising rates

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

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