News Regional03 Dec 2019

Hong Kong:Insurance sector sees significant growth for the first three quarters of 2019

The overall underwriting performance of the general insurance business sector in Hong Kong increased significantly by 883.9% to $856m for the first three quarters of the year (January-September 2019) according to provisional statistics released by the Insurance Authority. This profit was mainly driven by property damage business. However, recent events are likely to bring about a negative outlook in future.

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