Insurance rates in the third quarter of this year decreased by 14% in the IMEA (India, Middle East, and Africa) region, according to Marsh's "Global Insurance Market Index" (GIMI). No major losses were reported across major insurance lines.
Reputation matters more than price for most motorists in the country when choosing a car insurance provider, according to the findings of a new study by Qatar Insurance (QIC), in collaboration with Arkansas State University Qatar.
Bermuda-based Stellar Insurance, an indirectly wholly owned subsidiary of the Saudi Arabian Oil Company (SAOC or Saudi Aramco), has experienced minimal impact from the current conflict in the Middle East to date, says AM Best.