UAE – Strong growth of the insurance sector
Monday, 08 28 2017, Category: Insurance and Reinsurance, Country: U.A.E
A recent report issued by the rating agency “Standard & Poor’s” said that the insurance sector in the UAE posted a strong growth in the first half of the current year due the reform of the local insurance regulations.
Moreover, the report indicates that insurance companies in the UAE achieved strong profits in the first half of the current year.
The international agency said in its UAE report that the regulatory initiatives helped stimulate growth according to Mr. Emir Mujkic who is analyst at the agency.