Personal accident insurance compensation up by 25.3 percent

The American Chamber of Commerce in Mongolia

2018-08-27 14:03 GMT+8

Due to an increasing number of natural disasters and accidents, personal accident insurance compensation saw an increase of 25.3 percent, reaching 15.8 billion MNT in the first seven months of 2018.

Additionally, demands for personal accident and property insurance have been increasing. As of July 2018, premiums for insurance companies hit 164 trillion MNT.      

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