| The lack of awareness and the transient nature of expatriates are key factors linked to the very low levels of insurance penetration in the Middle East and North Africa (Mena), experts told Gulf News.
The Ernst & Young’s Global Insurance Consumer Survey 2012 reported that insurance across the region remains underdeveloped, with penetration rates pegged below 2 per cent in almost all GCC countries. Life insurance, in particular, is nascent, accounting for less than 20 per cent...............................................Full Article: Source
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