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Jun 2024

Emerging Asia fuels reinsurance industry

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Source: Asia Insurance Review | Jun 2023

The annual statistics released by Hong Kong’s Insurance Authority reveal that the underwriting profit of reinsurance inward business increased from HK$480m ($61.2m) to HK$663m in 2021, driven by proportional treaty business which turned around from a loss of HK$202m to a profit of HK$6m.

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