Asia to make up 45% of global premium growth in next 8 years
Source: Asia Insurance Review | Jan 2013
Asia-Pacific is estimated to account for about 45% of worldwide gross written premium growth in the next eight years, according to Munich Re. However, it will need to further develop its risk management, solvency and Nat CAT capabilities as it emerges to be the growth engine of the global insurance business, said the reinsurer.
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