New Market Research Report: The Insurance Industry in Mauritania, Key Trends and Opportunities to 2017
The combination of a significantly large rural population, high levels of poverty and a low literacy rate is hindering the growth of the insurance industry Mauritania. GDP recorded a CAGR of 9.2% during the review period (2008-2012) and aided the growth of insurance industry which grew from MRO3.7 billion in 2008 to MRO5.7 billion in 2012 at a CAGR of 11.7%. Despite such growth, insurance penetration remained low and stood at 0.47% in 2012. The non-life insurance segment was the...
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