Insurance premiums increase by three percent. Sales growth derived from price increase of hospitalization

The total value of written premiums went up three percent to reach $1.5 billion in 2015.

Around 70 percent of these premiums were recorded in non-life policies. Indemnities have risen nine percent to $823 million according to data released by the Association of Insurance Companies (ACAL).

In terms of premiums, life insurance saw a seven percent growth. It was the main growth driver. Morbidity and mortality are linked together. Many medical cases, cancer for example, can lead to de...

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