The Insurance Industry in Armenia to Witness Growth with Foreign Investments in the Insurance Sector
Unemployment is a persistent hindrance in Armenia, adversely affecting Armenian insurance industry and economy at large. Some of the major roadblocks identified in Armenian insurance industry are characterized by insufficient life insurance policies, lack of product variety, and in adequate knowledge. However, with considerable rise in foreign investments in the insurance industry of Armenia, it is expected that the insurance industry in Armenia will rebound in the coming years. Market Research Hub (MRH) in its recently released business intelligence report...
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