Singapore
THE insurance markets of Asia ex-Japan took a pause last year, but the longer term outlook is bright, according to Allianz Research's latest Global Insurance Report.
Over the next decade, the Asian insurance market is expected to return to high growth and contribute 60 per cent to global premium growth.
Last year, the global insurance premium volume was lacklustre, rising to 3.65 trillion euros (S$5.62 trillion) (excluding health insurance). This translated to a nominal increase of 3.3 per...
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