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Premium writings down nearly 8% in Hong Kong

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Premium growth

Data from Hong Kong’s Insurance Authority showed that the local insurance industry’s total gross premiums dropped 7.7% year-on-year to $556 billion Hong Kong ($70.8 billion) in 2022, Asia Insurance Review reported. The general insurance segment’s total gross premiums increased by 4.5% year-on-year to HKD64.6 billion

 

 

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