Emerging markets fuel industry growth
The global insurance industry returned to growth in 2010, lifting premium income 2.7 percent following strong performance from emerging markets, a Swiss Re study has revealed.
Premiums from emerging markets rose 10.9 percent over the year to $650bn - or about 15 percent of total global premiums, according to the World Insurance in 2010 Sigma report.
This surpassed the 1.4 percent increase in premiums from industrialised countries.
The industry's premium growth marked a turnaround from 2009 when income fell 1.1...
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