Slowdown underway in major sectors of the United Arab Emirates insurance industry
United Arab Emirates Insurance Report Q4 2013 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-24 07:27:03
In spite of a clear slowing in premium growth - in both of the major segments, the UAE undoubtedly is home to one of the most dynamic insurance sectors in the Middle East and North Africa (MENA) region.
The life segment continues to develop as innovative international life companies produce solutions for the growing population of expatriate workers, the majority of whom come from the UK or the Indian subcontinent. In the non-life segment, price competition remains tough as literally dozens of subscale companies battle for market share. A wave of consolidation is one possible outcome.
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