Non-Life Insurance in Venezuela, Key Trends and Opportunities to 2017 - New Market Report
Non-life insurance is one of the most highly regulated and concentrated segments in the Venezuelan insurance industry. It was the largest segment, accounting for 48.6% of the industry's total gross written premium in 2012. The segment was led by the motor insurance category in 2012 with a 66.9% share of the gross written premium, followed by property insurance with 26.3%. A growth in automobile sales, the rising property market and high inflation supported the segment's growth during the review period...
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