Premiums to rise only 1.5% due to pandemic
Posted On: Jul. 29, 2020 8:17 AM CST
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.