The Latent Potential In Insurance Markets: Two Indicators That Unravel

Originally published at: https://dailyfintech.com/2022/02/03/the-latent-potential-in-insurance-markets-two-indicators-that-unravel/

  The median of global Insurance Penetration, defined in terms of insurance premium as percentage of GDP, was below 2% as recently as 2016. But it masquerades the fact that national differences are large, ranging from 20% at one end to 0.06% at the other. Some countries don’t have developed insurance markets, being at early…