Colombian life insurance market grows
Monday, February 13, 2017
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Colombia’s life insurance market has been growing in recent years but still remains immature compared to the sectors of some other large Latin American nations.
The penetration rate — premiums as a percentage of national GDP — for life insurance hit 0.79 perc ent in 2015, according to a recent report by London-based research group Timetric.
Source: Finance Colombia