Life Insurance in Venezuela, Key Trends and Opportunities to 2017: New Research Report Available at Fast Market Research
The life segment accounted for the lowest share of the Venezuelan insurance industry during the review period (2008-2012). It did, however, register significant growth, which indicates an increase in public awareness of the benefits of life insurance. Funeral insurance, which was made compulsory for retirees, pensioners, the disabled and low-income families, also contributed to the growth. The life segment posted a review-period CAGR of 26.6%. Regulatory changes and an increase in consumer confidence will support growth over the forecast period...
View full press release