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”.

International

Competition hits insurance rates, reinsurers shut shop

April 23, 2019 Reprints

U.A.E.-based Orient Insurance P.J.S.C. said that increasing competition has reduced insurance rates, hampered profitability and forced several reinsurers to shutter, Middle East Insurance Review reported. Orient Insurance said that property insurance rates declined 40% while business volumes continued to decrease in 2018.

Help

Competition hits insurance rates, reinsurers shut shop

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources