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World Insurance Report

Chilean insurance market stages a recovery

Chile’s insurers increased their premium income by 12.2 % in real terms last year to a total of US$2.7bn and transformed the $72.4mn net loss of 2000 into a profit of $53.3mn. General insurers saw the largest increase in premiums (up 21.9 % to $735mn), though the sector barely broke even with net earnings of just $310,000.

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