New Market Research Report: The Insurance Industry in Mongolia, Key Trends and Opportunities to 2017
Mongolia has one of the fastest-growing economies in the world, with real GDP increasing from 6.4% in 2010 to 17.3% in 2011. According to the World Bank, the economy is expected to expand by 11.8% in 2012 and 16.2% in 2013, underpinned by developments in the mining industry. Led by economic growth, the Mongolian insurance industry registered a CAGR of 26.7% during the review period (2008-2012). However, the industry is relatively small and in its developmental stages; indeed, its first...
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