Hong Kong's insurance sector affected by city's political unrest

| September 13, 2019

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The political unrest that has rocked Hong Kong for the last three months is hitting the city's insurance sector hard. Chinese customers are the biggest drivers of demand for Hong Kong insurance products and the unrest is deterring them from travelling to the city.

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Beazley

Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia and Australia. Beazley manages six Lloyd’s syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 million. All Lloyd’s syndicates are rated A by A.M. Best.

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