Life Insurance in Slovakia, Key Trends and Opportunities to 2019

Date: 2016-03

“โ€ข The Slovak life segment accounted for 55.4% of the industry’s gross written premium in 2014.

โ€ข The growth of the life segment can be attributed to an increase in life expectancy and an aging population.

โ€ข The industry is exposed to investment and reinvestment risk arising from persistently low interest rates.

โ€ข Agencies and direct marketing were the leading distribution channels for life insurance in Slovakia, and collectively accounted for 99.7% of the total new business gross written premium generated in 2014.”

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