GCC:Modest earnings and high costs expected to squeeze insurers' capital buffers in 2023

By MEIR team | 05 Mar 2023

GCC Property & Casualty Financial Performance Life & Health

Gulf Cooperation Council insurers are reaping the benefits of ongoing economic growth in the region. The expansion of infrastructure investment and medical insurance covers will continue to spur premiums in 2023, albeit at a slower pace than in 2022, S&P Global Ratings (S&P) says in a report.

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