| http://www.w3.org/ns/prov#value | - The country has suffered little impact from the global recession in GDP terms with growth of 6.0% in 2010.Insurance premium growth rates for last year are estimated to have been 14% for non-life and 20% for life, assisted byeconomic growth in 2010 of over 6%.There are an usually large number of insurance companies operating in The Philippines and the non-life market inparticular has been saturated
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