COVID-19 knocks emerging market insurers but China resilient
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<subfield code="a">Emerging market insurers will be the hardest-hit globally by COVID-19, with a 3.6 percentage point impact on premium growth in each of 2020 and 2021. China's insurance market is the exception, with average premium growth of 7% over 2020-2021, supported by a swift economic recovery, government policies, rising risk awareness and active customer engagement by insurers. We expect the shift in the global insurance opportunity to emerging Asia, and particularly China, to continue.</subfield>
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