Middle East:41% of KSA & UAE insurers see need to improve risk management

23 Jun 2015

Risk management oversight has surfaced prominently on the agenda of the boards of Saudi and UAE insurance companies, due to increasing regulatory requirements, according to The MENA Insurance Enterprise Risk Management (ERM) survey conducted by international accounting/consulting firm EY and global reinsurer Munich Re. The survey showed that 41% of insurance companies in KSA and the UAE believe there is a need to improve their overall risk management framework.

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