Hussain Mohammad Al Meeza is serious when he talks about the state of the local insurance industry and its many practitioners. What he talks about are issues — premiums that have touched a historical low, the intense competition among the 50-odd players, the need for consolidation, and other things — that the industry has been grappling with for some time now.

And, unfortunately, without even the barest hint of a solution in sight. That shouldn’t faze Al Meeza from repeating his message that something needs to be done — now — to fix the situation……………………………………….Full Article: Source