News Coronavirus watch28 Jul 2020

Hong Kong:Insurers face stagnation due to pandemic


Hong Kong's insurance sector is set to register lower growth in 2020 due to the economic impact of the COVID-19 pandemic, according to data and analytics firm GlobalData. The territory's total insurance premium, which grew by 6.3% in 2019, is expected to only grow by 1.5% in 2020.

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