Non-Life Insurance in Indonesia, Key Trends and Opportunities to 2018 - New Market Report
The Indonesian non-life insurance segment accounted for 18.1% of the total insurance industry's gross written premium in 2013. The segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 11.6%, as a result of a favorable regulatory framework for non-life products such as motor, property, and marine, aviation and transit insurance. It was further supported by a rise in passenger car sales, property prices and other improving economic indicators, as Indonesia's GDP grew at a review-period CAGR of...
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