Good performance of the Qatari insurance market
The Qatari insurance market is the third largest market in the Gulf. According to Moody’s, the average annual growth rate has reached 17.9% over the past six years. Despite this dynamism, penetration rate has not exceeded 0.6% of GDP, leaving a substantial margin of growth.
The market is dominated by five companies: Qatar Insurance, Qatar General Insurance and Reinsurance, Doha Insurance, Al Khaleej Takaful and Qatar Islamic Insurance. Qatar Insurance controls 54% of the market.
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Wed, 11/12/2013 - 09:37
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