info:eu-repo/semantics/article
The insurance market: a race for growth
Autor
Monteiro, Solange
Institución
Resumen
Brazil is one of the most promising markets for insurance in the world. Agriculture and other businesses, not to mention individuals, are seriously under-insured. The insurance market in Brazil today represents 3.5% of GDP; in mature markets like the United Kingdom insurance is 13% of GDP. Solange Monteiro explains how growth in an economy is an invitation to expand the insurance industry, according to the World Bank, but a healthy insurance market also helps countries grow. Insurers and reinsurers in Brazil are responding to the country’sneeds by designing innovative products for everyone from favela dwellers to the government.