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Al Baker

$900bn investment to boost GCC insurance sector

MANAMA, February 3, 2016

A surge in insurance activity with a growth in gross premiums is expected to unfold across the GCC over the next five to 10 years, said Central Bank of Bahrain (CBB) executive director of financial institutions supervision Abdul Rahman Al Baker. Talking to the Gulf Daily News (GDN), our sister publication, on the sidelines of the 12th Middle East Insurance Forum at the Gulf Hotel yesterday, he said the sector’s growth will continue to be supported by increasing investment in GCC on construction, infrastructure, and petroleum industry related projects.
 
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Tags: Bahrain | Insurance | investment | GCC | boost | sector |

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