Argentina is the fourth-largest and one of the most exciting insurance industries in Latin America. Rising industrial growth, which registered a CAGR of XX% during the review period, is expected to drive the group life category, which in turn will drive the life insurance segment. However, during the review period the Argentine life insurance segment declined significantly with the implementation of a national pension scheme which encouraged customers to pull out of private life insurance investments in areas such as pensions and general annuities. This affected the life insurance gross written premium, which declined by XX% in 2009. However, the Argentine life insurance segment is expected to register high growth over the forecast period, mainly due to increases in GDP, disposable income, life expectancy and customer awareness of life insurance. The introduction of attractive tax advantages is also expected to drive the life insurance segment over the forecast period.
Report ScopeThis report provides a comprehensive analysis of the life insurance market in Argentina:
• It provides historical values for Argentina's life insurance market for the report's 2007–2011 review period and forecast figures for the 2011–2016 forecast period
• It offers a detailed analysis of the key sub-segments in Argentina's life insurance market, along with market forecasts until 2016
• It analyses the various distribution channels for life insurance products in Argentina
Click for Report details:Trends and Opportunities in the Argentine Life Insurance Industry to 2016: Market Profile