Market Report, "Latvia Insurance Report Q1 2015", Published
The life segment, despite being smaller than the non-life segment and facing the challenge of low affordability at present, will outperform over the coming years as it grows from a low base and benefits from Latvia's introduction into the Euro. While the non-life segment will retain its majority of the insurance market in 2018, its share will decline from 88.1% currently to 86.0% by 2018.
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