New Market Research Report: The Insurance Industry in Serbia, Key Trends and Opportunities to 2017
The Serbian insurance industry posted a compound annual growth rate (CAGR) of 4.2% during the review period (2008-2012). Growth was recorded despite the economic decline faced by Serbia due to the eurozone crisis. The growth was primarily due to high foreign investor participation in the Serbian insurance industry following its liberalization in 2006. The industry faces a number of challenges such as high rates of crime and alleged corruption, economic slowdown and the eurozone debt crisis. Government support measures such...
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