Slovakia Insurance Q4 2018
Compared to other Central and Eastern European markets, Slovakia's insurance industry is well developed, particularlythe large life insurance segment. Household income rates in the country are relatively high and solid economic growth will continueto drive up employment and income rates, boosting demand for protection, savings and investment products in the life sector aswell as for mandatory and discretionary covers in the non-life market. The insurance industry is already home to a number of largeregional and global carriers and further new entrants are unlikely on a large-scale until the market has grown further to supportmore competitors.
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