New Market Study, "the Insurance Industry in Libya, Key Trends and Opportunities to 2017", Has Been Published
The Libyan insurance industry is very small when compared to other countries in the Middle East and North Africa (MENA) region. In terms of gross written premium, the insurance industry grew between 2008 and 2011 in spite of the global financial crisis. Political unrest in the form of the Arab Spring caused a 52% decline in the country's insurance industry in 2011. It is expected that the industry will grow at a CAGR of 6.1% over the forecast period. The...
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