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Data from the Financial and Capital Market Commission of Latvia showed that local insurers' premiums grew more than 13% year-over-year to nearly €857 million ($927 million) in 2019, Xprimm reports. Profit almost tripled to nearly €34 million.
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