News Middle East19 Jan 2022

MENA:Governance practices increasingly important to insurers' financial health

| 19 Jan 2022

Middle East and North Africa (MENA) insurance markets have seen robust growth over the last decade. However, according to a new AM Best report, the rate of growth has stalled in the last 18 months primarily due to the impact COVID-19 and volatility in energy prices, attributable largely to the global economic slowdown from lockdown measures and lower demand for oil.

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