Insurance: positive trends in the Gulf countries

In its latest report analysing the insurance market trends in the CCG countries, Alpen Capital has stated that the region's industry is growing. With the increasing interest in bancassurance, the advances in new technologies and the strengthening of regulations, the results would improve triggering the sector's consolidation.

In this context, the contribution of foreign insurers present on the market is deemed positive. The financial centers such as Dubai International Financial Centre and Qatar Financial Centre have become important insurance and reinsurance hubs.

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