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Honduras Insurance Q4 2018

Honduras Insurance Q4 2018

Key View :

The Honduran insurance industry remains in the earlier stages of development and rates of coverage in the life and non-life sectors are very low. This reflects a market characterised by low average income rates, limited product ranges and a lack ofunderstanding of the benefits of insurance cover. There is scope for growth, from this low base, as economic expansion anddiversification in the country is expected to translate to gradual improvements to formal employment and income rates which willincrease demand for a range of covers, though the emphasis will remain on basic, affordable products.

Key View
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Latin America & The Caribbean Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Insurance Methodology

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