Market segment outlook : Gulf Cooperation Council

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      <subfield code="a">AM Best has revised its outlook on the insurance markets of the Gulf Cooperation Council (GCC) to Stable from Negative. Key factors supporting the outlook include the following: settling down of geo-political risks into a "new normal" and a return to economic growth, limited disruption caused by the implementation of value added tax (VAT), and advances in risk management and improved regulatory sophistication across the region (except for in Kuwait)</subfield>
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