Personal Accident and Health Insurance in Colombia, Key Trends and Opportunities to 2017 - New Study Released
Rising numbers of outbound travelers, sustainable economic development, and regulatory changes had a positive impact on the overall growth of the Colombian personal accident and health insurance segment during the review period. The segment grew at a CAGR of 8.9%, to reach a value of COP1.4 trillion (US$0.8 billion) in 2012. Rising medical expenses and increased numbers of fatal road traffic accidents were other contributors to the growth. In 2013, a new healthcare bill was submitted to Colombia's Senate Secretary...
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