Trends and Opportunities in the Brazilian Life Insurance Industry to 2016: Market Profile
Brazil is the world's seventeenth-largest insurance market, and the largest in the Latin American region. The insurance industry in the country has expanded significantly over the last decade, driven by strong macroeconomic and microeconomic fundamentals, raising consumer awareness of insurance products, partial relaxation of regulatory restrictions, and liberalization of the industry to allow foreign competition. However, despite this industry expansion, Brazil remains a largely untapped market with XX% of the employed population being uninsured. Low insurance penetration, with total life,...
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