marine, aviation and transit insurance
APAC’s marine, aviation, transit insurance to reach $14.5b by 2025
APAC’s marine, aviation, transit insurance to reach $14.5b by 2025
Japan and China accounted for 60% of MAT premiums in APAC.
APAC MAT written premiums to hit $14.5b in 2025
The sector will grow at a CAGR of 4.4% from 2019 to 2025.
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Ageing populations and rising mortality main concerns for life insurers and reinsurers