Recently Released Market Study: The Insurance Industry in Timor Leste, Key Trends and Opportunities to 2017
Timor-Leste became independent in 2002 and is ranked among the 20-poorest countries in the world. However, the nation is expected to post the sixth-largest GDP growth globally in 2013. Indeed, the country recorded robust economic growth during the review period despite acute poverty. During 2006-2011, it recorded a CAGR of 33.2%. In line with economic growth, all segments of the insurance industry recorded double-digit growth during the review period (2008-2012) and the industry posted a CAGR of 10.2%. The industry...
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