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Mar 2024

2014 report card on MENA

Source: Middle East Insurance Review | Sep 2015

The MENA insurance industry delivered another solid performance in 2014 amid a difficult market environment, with the UAE and Saudi Arabia surpassing Iran to become the second and third-largest markets, respectively, in the region. Furthermore, life premiums in the UAE have exceeded the US$2-billion mark, a remarkable feat given the under-penetration of the life business in the region.

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