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Motor Insurance in Asia-Pacific

Asia-Pacific Motor Insurance market valued at $234bn in 2012

The Asia-Pacific motor insurance market had a total gross premium income of $234.0bn in 2012, representing a compound annual growth rate (CAGR) of 10.1% between 2008 and 2012.

The personal segment was the market's most lucrative in 2012, with a total gross premium income of $167.2bn, equivalent to 71.4% of the market's overall value.

The performance of the market is forecast to decelerate, with an anticipated CAGR of 9% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $360.0bn by the end of 2017.

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