Moody’s Ratings says Gulf insurers will benefit from solid economic growth and stronger demand for health and life cover, but warns that smaller firms may struggle with competition, regulation and capital strain
gcc insurance sector
Latest in gcc insurance sector
gcc insurance sector
Saudi insurance sector thriving as revenue surged 16.9% last year
Saudi insurance sector assets hit $22.6bn in 2024
CBUAE
UAE insurance sector profits hit $681m in 2023: Central Bank
Central Bank data points to significant uplift in UAE insurance profits, with Dubai leading the way
CBUAE
UAE insurance sector growing with premiums up 31% to $9.72bn in H1
The UAE insurance sector has witnessed ongoing growth in the first half of the year, according to Central Bank data
gcc insurance sector
Gulf insurance companies to see 15% revenue growth in 2024
Standard & Poor’s expects Saudi Arabia to lead insurance growth in the Gulf this year
Alpen Capital
Why mergers are likely to increase in the GCC’s insurance sector
New research says merger and acquisitions are likely to increase as larger players target small to mid-sized insurers
