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Insurance premiums likely to remain flat in 2020

Posted On: Oct. 10, 2019 11:14 AM CST

A report by the Korea Insurance Research Institute said that local insurers' premiums are expected to remain almost flat year-over-year at $169 billion in 2020, Asia Insurance Review reports citing Yonhap News Agency. A slowing economy and an ageing population are behind the flat growth.

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