Most GCC insurers can absorb effect of oil price plunge - A.M. Best
Source: Middle East Insurance Review | Feb 2015
Most insurers rated by A.M. Best that are domiciled in the Middle East are adequately capitalised and well-positioned to absorb the impact that lower oil prices will have on the insurance sector, including lower-than-expected growth in premiums and greater fluctuations in asset prices over the short term, said the rating agency in a recent report.
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