Rising COVID claims stall non-life momentum
Source: Asia Insurance Review | Jul 2022
The annual GWP growth rate of the non-life industry in Taiwan peaked at 10.1% in 2021, and is expected to reduce to 5.2% in 2022, growing at a CAGR of 6.7% from $6.8bn in 2020 to $10.4bn in 2025.
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