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Big Growth Sector, Liability Insurance

A soaring demand for liability insurance can be expected over the next five years in the emerging markets of Asia, Latin America and Eastern ...

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A soaring demand for liability insurance can be expected over the next five years in the emerging markets of Asia, Latin America and Eastern Europe, according to a new study.

The analysis by Zurich-based Swiss Re also finds that the emerging insurance markets are expected to grow 5 percent in non-life business and by 8 percent in the life sector in the period 2005-2010.

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