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Of resilience and regulations

Source: Middle East Insurance Review | Dec 2017

Year 2017 for the Middle East insurance industry will go down in history as a year of resilience, bold regulatory measures, mandatory health coverage in most GCC countries, slow adoption of technology, definite shift towards private healthcare and the determination to introduce VAT. But the much-touted consolidation remains elusive in a fragmented market beset with over-capacity.

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