Barbados Insurance Report Q2 2018
The Barbadian market, through extremely small in absolute terms, is well-developed in relation to the size of the localeconomy. Given the country's status as an offshore hub for financial services,/Insurance/Q2 2018 operations are predominantly gearedtowards international clients. Nevertheless, Barbadian households are active users of/Insurance/Q2 2018 products, and penetration anddensity are at a high level to the extent that some sub-sectors, such as motor and property, are quite mature. A lack of dynamism inthe domestic economy will restrict growth opportunities for insurers overall over the next few years.
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