Market segment outlook : Gulf Cooperation Council insurance

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<title>Market segment outlook</title>
<subTitle>: Gulf Cooperation Council insurance</subTitle>
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<namePart>Thompson, Emily</namePart>
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<namePart>Botelho-Young, Jessica</namePart>
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<namePart>A.M. Best Company</namePart>
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<publisher>A.M. Best Company Inc.</publisher>
<dateIssued>2025</dateIssued>
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<abstract displayLabel="Summary">The report "Market Segment Outlook: Gulf Cooperation Council Insurance" by AM Best maintains a stable outlook for the insurance markets of the Gulf Cooperation Council (GCC), highlighting the region's economic resilience amid geopolitical tensions, abundant growth opportunities from new products and insurable risks, the ongoing relevance of mergers and acquisitions for geographic diversification and economies of scale, and increased regulatory oversight focused on risk management and corporate governance. However, it also notes short-term challenges such as oil price volatilitywhich brings economic uncertainty, especially for hydrocarbon-dependent countries highly saturated and competitive markets, and vulnerable margins due to changes in regional reinsurance conditions</abstract>
<tableOfContents displayLabel="Contents">Opportunities for insurance sector growth are plentiful -- Market consolidation and cross country M&A transactions continue to feature -- Active regulatory environment -- Competition persistently poressurises rates -- Insurers are dependent on reinsurance market conditions</tableOfContents>
<note type="statement of responsibility">Emily Thompson, Jessica Botelho-Young</note>
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<topic>Mercado de seguros</topic>
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<topic>Consolidación de mercado internacional</topic>
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<topic>Diversificación de los riesgos</topic>
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<topic>Análisis de riesgos</topic>
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<topic>Incertidumbre</topic>
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<topic>Petróleo</topic>
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<topic>Reaseguro</topic>
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<topic>Fusiones y adquisiciones</topic>
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<geographic>Golfo Pérsico</geographic>
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<title>Best's market segment report</title>
<partNumber>April 24, 2025</partNumber>
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