New Market Report: Life Insurance in Colombia, Key Trends and Opportunities to 2016
The growth of the Colombian insurance industry is primarily driven by the country's economic growth. The industry posted sizeable growth during the review period owing to Colombia's stable economic development during the review period. The Colombian life insurance category achieved growth despite the weak performance of pension insurance products, which struggled to post growth in line with the country's projected GDP. Despite these growth opportunities, Colombia's life insurance segment still faces numerous challenges. For example, the growing number of cases...
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