H1 Life insurance premiums grow to MOP5.65 bln

2015/8/25

From：Macau Business

Macau’s life insurance companies collected MOP5.65 billion (about US$706.25) in gross premiums in the first half of this year, 72 per cent more than a year earlier, the Monetary Authority of Macau says.

The authority’s data indicate that the amount of claims paid by life insurers grew by 37.9 per cent to MOP1.3 billion.

The value of gross premiums collected by non-life insurers rose by 8.5 per cent to MOP1.12 billion, and the claims paid by non-life insurers increased by 27.1 per cent to MOP359 million.

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