Global nonlife premiums to grow by 3%

A report by Swiss Re Institute said that global nonlife insurance premiums are expected to grow by around 3% in 2019, 2020 and 2021, driven primarily by emerging Asian nations, Asia Insurance Review reports. Nonlife premium growth is projected to be 5.8% in emerging markets in 2019 and nearly 7% in 2020 and 2021.

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