New Market Report: The Insurance Industry in Palau, Key Trends and Opportunities to 2017
Palau is one of the smallest countries in the world with a population of 21,032 in 2012. The combination of several factors such as geographical isolation, scarcity of natural resources, lack of proper infrastructure and less experienced professionals is hindering the growth of the insurance industry in the country. However, the Palauan economy witnessed healthy growth during the review period. GDP at current prices grew at a CAGR of 7.1% during the review period, boosting the growth of the insurance...
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