The Insurance Industry in Laos, Key Trends and Opportunities to 2017 - New Market Report
Economic development, the entry of five new businesses and the requirement of third-party motor liability insurance caused the written premium value to grow during the review period. The Lao insurance industry is uncompetitive due to the limited presence of insurers and lack of interest from global investors. The situation is expected to change significantly after the country's recent entry into the WTO. The Lao insurance industry is expected to grow at a CAGR of 10.8%, over the forecast period. The...
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