News - Hong Kong Non-Life Profit Falls; Life Premium Increases
Source: Asia Insurance Review | Jan 2009
Hong Kong non-life underwriting profit fell from HK$893 million (US$115 million) to HK$130 million in the first nine months of 2008 due to adverse claims, with the motor business turning from a profit of HK$13 million to a loss of HK$223 million.
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