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Asia-Pacific insurance may reach $8t by 2034

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Asia-Pacific insurance may reach $8t by 2034

The sector is forecast to grow at a 15.6% annual rate through 2034. Asia-Pacific's insurance market is likely to bag $3.04t this year, driven by a rising middle-class population and disposable incomes. The market is likely to register a compound annual growth rate of 15.6% through 2034, reaching $9.7t, according to a Market Data Forecast report. The report further showed…

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