THE country’s life insurance sector is expected to record double-digit growth in 2018, with its fourth-quarter performance seen to mirror its year-ago showing, according to the chief of the Philippine Life Insurance Association Inc. (PLIA).

During a PLIA event in Makati City on Thursday, PLIA President Olaf Kliesow estimated that gross insurance premiums grew by 16.75 percent to P236.73 billion last year from P202.77 billion in 2017.

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