Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Middle East insurers worried about budget cuts affecting infrastructure spending

Reprints

A survey has revealed that insurers in the Middle East are worried about budget cuts affecting spending on infrastructure, reported Middle East Insurance Review.

"Low oil prices, rising interest rates, a strong dollar and concerns about emerging market growth will most certainly weigh on financial institutions, banks as well as insurers in the Middle East," said Sayd Farook, CEO of U.A.E.-based business information firm Middle East Global Advisors.

Uneven and lack of regulations across the region is a major growth hurdle for insurers, said Mr. Farook.

Read more