Personal Accident and Health Insurance in Colombia, Key Trends and Opportunities to 2018

Date: 2015-09

The Colombian personal accident and health insurance segment posted a review-period (2009โˆ’2013),compound annual growth rate (CAGR) of 13.7% in 2013. During the review period, factors such as regulatory changes, a rise in the number of fatal road traffic accidents and sustainable economic development had a favorable impact on the growth of the personal accident and health segment. A rise in the number of outbound travelers and increasing medical expenses also contributed to the segmentโ€™s growth.

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