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Life Insurance in Argentina, Key Trends and Opportunities to 2017

Argentina life insurance market: 13% CAGR growth witnessed between 2008-12

The Argentine life insurance segment grew at a CAGR of 13.3%. Growth was partially impacted by the nationalization of the private pension scheme and government actions to take over the US$30 billion private pension funds in 2008 to safeguard retirees from the declining stock and bond prices as a result of the financial crisis. This had a serious consequence on private pension business as it encouraged customers to pull out from private pension schemes.

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