GLOBAL FOCUS

Venezuela: Industry premiums boom 53% in first half

Comments Email Reprints

Insurers in Venezuela posted 57 billion Venezuelan bolivars ($9 billion) in premiums for the first half of 2014, up 53% year on year, El Universal reported.

However, sources said growth has not kept up with inflation. Meanwhile, claims paid during the six-month period totaled VEF 25.2 billion, up 34% year on year, reports El Universal.

Read more

More from BI