Guatemala Insurance Q4 2019
Guatemala boasts one of the strongest economies in the Central America region, thanks to relatively low inflation, strongcredit growth and robust remittance inflows which are supporting private consumption growth. As such, the environment isconducive to growth in the insurance industry, with more households expected to be able to afford cover in both the non-life andsmaller life insurance sectors. That being said, income inequality remains extensive and political instability has the potential to deraileconomic growth, making the risks in the market commensurate with the potential rewards on offer.
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