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International

Premiums to rise only 1.5% due to pandemic

July 29, 2020 Reprints

U.K.-based data analytics firm GlobalData PLC predicts overall insurance premiums to rise by only 1.5% in Hong Kong this year due to the COVID-19 pandemic, Asia Insurance Review reports. Total premiums grew 6.3% last year. Nonlife premiums are expected to increase 1% this year.

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Premiums to rise only 1.5% due to pandemic

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