From Gulf-daily-news.com: The insurance market in the GCC is set for a major expansion as the regional economy picks up. Individuals and companies are set to see the industry grow substantially over the next few years, according to financial services firm KPMG audit and advisory director Krishnan Kavasseri.
“At present the percentage of gross national product that is spent on insurance in the region is very low,” he said. “We are still behind countries like Taiwan but that is about to change……………………………………….Full Article: Source