Life Insurance in Portugal, Key Trends and Opportunities to 2017: New Research Report Available at Fast Market Research
Weak economic environment and rising unemployment, on account of the financial crisis and the subsequent sovereign debt crisis, led to a decline in Portuguese life insurance product sales during the review period (2008-2012). Endowments and pensions were the largest categories in the segment, collectively accounting for 81.8% of the gross written premium in 2012. Economic recovery, an aging population and declining government benefits due to austerity measures are expected to encourage investments in long-term saving products over the forecast period...
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