"Non-Life Insurance in Peru, Key Trends and Opportunities to 2017" Is Now Available at Fast Market Research
The non-life segment accounted for 43.5% of the Peruvian insurance industry's total gross written premium in 2012. The segment grew at a CAGR of 14.5% to reach PEN3.4 billion (US$1.3 billion) in 2012. The growth is attributed to increased vehicle sales, growth in the housing market and large investments in infrastructure. Government reforms and the development of microinsurance also drove growth. There were 13 insurance companies in the Peruvian non-life segment at the end of July 2013, with the five...
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