GWP of global non-life insurance to reach $2,500bn by 2017
The global non-life insurance industry saw moderate growth during 2006-2011 and the growth momentum is expected to continue, reaching an estimated $2,500bn in 2017 with a CAGR of 4.2% over the next five years, according to Lucintel.
In its Global Non-Life Insurance Industry 2012-2017: Trend, Profit, and Forecast Analysis report Lucintel analysed the general insurance industry and found the industry highly fragmented.
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