GCC:Counterparties' tightening liquidity poses hurdle to insurers' recovery of receivables

By MEIR team | 08 Nov 2020

GCC Property & Casualty Reinsurance Life & Health

Insurers in the Gulf Cooperation Council (GCC) countries are exposed to substantial levels of receivables, putting them at risk of increased provisioning and exacerbating pressure on their profitability, says Moody's Investors Service in a report published last week.

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