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Asian insurance sector remains robust

Posted On: Nov. 6, 2019 5:41 AM CST

Strong financials

Qian Zhu, vice president-senior credit officer at U.S.-based ratings agency Moody's Investors Service Inc., said that property/casualty insurance premium growth in the Asia Pacific region continues to exceed that of other regions, Asia Insurance Review reports. The growth is driven by the Asia Pacific region's economic growth, increasing wealth, and the need to build infrastructure.

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