GCC insurance market to surpass $36 billion in 2024
Posted On: Nov. 25, 2019 6:09 AM CSTA report by U.A.E-based investment banking advisory firm Alpen Capital (ME) Ltd. said that the Gulf Cooperation Council's insurance market is expected to grow 4.3% annually between 2019 and 2024, Middle East Insurance Review reports. The growth will be driven by economic revival, rising population, strengthening regulatory reforms and continued implementation of mandatory insurance coverage.