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Middle East insurance mart rapidly changing
By Saudi Gazette Staff
Published in The Saudi Gazette on 16 - 05 - 2009

The Middle East insurance market is growing and changing rapidly. Although in comparison to other parts of the world, this market is relatively small, the scope for further expansion is huge.
The region offers vast opportunities for existing as well as new players and is expected to grow at a compound rate of over 20 percent in near future, attributed to its highly untapped market, rising awareness level, health consciousness and initiatives taken by governments of various countries in the region, according to “Middle East Insurance Market Forecast to 2012”.
The report provides extensive research and in-depth analysis on the insurance sector of the Middle East. It will help clients to analyze the leading-edge opportunities critical to the success of the insurance industry in the region. Detailed data and analysis will help the clients to navigate through the evolving insurance markets of the region.
The forecast given in the report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers.
The report provides business overview on the prominent players operating in the Middle East insurance industry, including American Life Insurance Company, Kuwait Insurance Company SAK, Gulf Insurance Company, Qatar Insurance Company and Anadolu Anonim Türk Sigorta Sirketi. __


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