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May 2020

Is consolidation the solution for the GCC Islamic insurance industry?

Source: Middle East Insurance Review | Oct 2019

Takaful operators in the GCC are facing increasing pressure following years of flat growth and declining profitability. Tougher regulatory requirements are expected to kick-start consolidation in the sector while also easing highly competitive market conditions, says Mr Emir Mujkic of S&P Global Ratings.

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