Non-Life Industry Growth (Excluding NICL). - Single digit growth 2006-2012 - 67% - USD = PKR 60 (2006) USD = PKR 94 (2012) Increase 57%. Factors (Non-Life). Dearth of new distribution channels. No new products The growth in the last few years has been mainly driven by
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- Terrorism Insurance
- Depreciation of Pak Rupee
- 40 insurers (SECP @ 18 May 2013)
- 3 insurers write 62.25%