New Market Study, "the Insurance Industry in Macau, Key Trends and Opportunities to 2017", Has Been Published
Macau is one of two special administrative regions of the People's Republic of China. Its economy is predominantly dependent on tourism, gambling and manufacturing. However, the contribution of the financial services sector, including the insurance industry, is gradually increasing. The value of the Macanese insurance industry grew at a compound annual growth rate (CAGR) of 11.8% during the review period (2008-2012), with life insurance as the largest segment. The growth of the insurance industry is being driven by a growing...
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