"Life Insurance in Hungary, Key Trends and Opportunities to 2016" - New Market Report
Negative economic growth, a decline in disposable income and a lack of transparency in traditional life insurance led to a decline in the Hungarian life insurance segment during the review period. In 2011, the number of life insurance policies sold declined as compared to 2010, due to the government's initiative to stop accepting new applications for foreign-currency mortgage repayment schemes, and also the increase in surrender and lapse of unit-linked insurance products. However, over the forecast period, the Hungarian life...
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