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September 13, 2004

S Korea's Online Car Insurance Market Share Surges

The market share of the online car insurance market is surging as the number of drivers who opt for insurance with low premiums has increased amid the economic depression, financial sources said Monday.

Car insurance premiums sold through online marketing amounted to 219.5 billion won (US$191.40 million), or 6.7 per cent of the total car insurance market, from April to August.

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Posted by Tom Troceen