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World Insurance Report

News roundup

Colombia : Liberty Seguros had 15.1% of the local motor market, with Col$132.8bn (US$57.7mn) in premium income. The company reported pretax profits of Col$20.2bn on an overall premium income of Col$320.2bn. Claims costs spiralled by 93% from Col$117.6bn in 2000 to Col$228.1bn in 2001.

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