Monday 23 December 2024
 
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insurance sector

Saudi insurance sector set for 14pc growth

The Saudi insurance sector is set to maintain a strong yearly growth of 14-17 per cent during the next five years fuelled mainly by the enforcement of regulations, said an industry expert. “We expect the Saudi insurance sect

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Bahrain insurance market ‘set to grow’

Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence, said a new report. Prior to the social unrest, Bahrain’s ins

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Bahrain sees insurance sector booming

Insurance is a strong driver of growth in the financial sector in Bahrain, and its contribution to the gross domestic product climbed to eight per cent in 2011 from three per cent in 2003, the Economic Development Board (EDB) said in a quarterly r

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Bahrain insurance sector 'poised for growth'

Bahrain's insurance industry has felt the impact of regional political unrest, but measures put in place to boost the kingdom's economy should help breathe new life into the sector, said an expert. Bahrain Insurance Association (BI

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Law firm Clyde & Co opens DIFC office

International law firm Clyde & Co has established an office in the Dubai International Financial Centre (DIFC), which will serve as the headquarters for its regulatory, insurance, and banking and finance practices in the Middle East. A

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