Hong Kong GI underwriting profit fell 36% in 2012
Last year the general insurance market in Hong Kong recorded a 13% growth in premiums over 2011, but a 36% fall in underwriting profitability.
In 2012, general insurance gross writtten premiums in Hong Kong grew 13.2% to HK$39.3bn compared with 2011. Underwriting profit in general insurance however declined from HK$3bn in 2011 to HK$2.2bn in
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