Now Available: Life Insurance in Turkey, Key Trends and Opportunities to 2017
Turkey has one of the fastest-growing emerging economies in the world. Economic reforms in the country in 2001 led to a resurgence in economic activities in subsequent years, as Turkish GDP registered an average growth of 5.0% from 2002 to 2012. Steady economic growth facilitated the expansion of the industry in the country which grew at a review-period CAGR of 12.6%. The low penetration rate of 0.23%, coupled with favorable demographic factors, attracted several foreign companies into the Turkish life...
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