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Premium rates softened 3.4% in Asia-Pacific last year, says QBE

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Australian insurance giant QBE saw rates softening on average 3.4% in Asia-Pacific (excluding Australia and New Zealand) in 2015 as competition intensified across the region.

There has been an influx of interest in the region over the last few years as international insurers look for growth with many countries such as the Philippines heavily underinsured.

In the Pacific

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