19.11.2009 - Kuwait: insurance industry looks forward to 2010
From Globalarabnetwork.com: Like many other sectors of the economy, the insurance industry has been affected by the international financial crisis, with most firms seeing a reduction in new business written, a rise in policy cancellations and a fall in the value of assets and investments held over the first three quarters of the year. This slow-down has been felt across the industry, with both conventional policy providers and the increasingly active takaful, or sharia-compliant, segment feeling the pinch............Full Article: Source