Life Insurance in Brazil, Key Trends and Opportunities to 2017 - New Study Released
The Brazilian insurance industry is the largest in Latin America. The life insurance segment accounted for the largest market share of 56.2% of the industry in 2012 and grew at a CAGR of 20.6% during the review period. Despite this industry expansion, Brazil remains a largely untapped market with 70% of the employed population being uninsured. Growth in the life segment was driven by economic improvements, the growing middle class population, increases in disposable income, a significant increase in demand...
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