Market Report, "Life Insurance in Colombia, Key Trends and Opportunities to 2017", Published
The Colombian life insurance segment posted a strong CAGR of 10.2% during the review period (2008-2012), despite low interest rates and a deceleration in economic development. This was attributed to the industry's premium growth and regulatory changes, and the nation's expanding infrastructure sector. These factors, coupled with the expanding group-life insurance business, are likely to generate business in the segment over the forecast period (2012-2017). As such, the segment's written premium is expected to increase from COP6.8 trillion (US$3.8 billion)...
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