Peru Insurance 2012
While global insurance markets have been showing lower levels of growth in recent years, Peru’s insurance sector has expanded apace, averaging 15% annual growth in premiums over the past five years. There are 14 insurance companies providing a variety of plans and services. Life in particular has performed particularly well by global standards: while life insurance sales dropped by 4.3% globally in 2009, premiums in Peru grew 9.73% that year. Though insurance penetration in the country remains low, at 1.6%, recent levels of growth indicate that the Peruvian population is becoming more attuned to the benefits of insurance plans, boding well for future expansion in the sector.
Cover of The Report: Peru 2012

The Report

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