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Qatar Rail deal to boost insurance market's performance

April 29, 2014 - 6:00am


Qatar's insurance market is expecting to see improved results following the recent Qatar Railway Co. deal, which saw Qatar Rail award large "single project tunnelling and rail construction" insurance contracts to a consortium of national insurers, Gulf Times reported.

An official from a domestic insurer said this will "change the scenario in the domestic insurance industry, which has been facing margin erosion in the recent past."

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