New Market Report: The Insurance Industry in Trinidad & Tobago, Key Trends and Opportunities to 2017
Trinidad and Tobago is among the largest economies in the Caribbean with GDP per capita of US$19,018 at the end of 2012. The main growth driver behind the nation's growth is the abundance of oil and natural gas resources. Despite weak economic growth, Trinidad and Tobago's insurance industry registered a CAGR of 5.8% during the review period. Stable demand in both the life and non-life insurance segments supported industry growth. The industry's penetration rate increased from 2.9% in 2008 to...
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