Opportunity to focus on health and green sectors to diversify asset base
Source: Middle East Insurance Review | Aug 2021
Health comes to the fore as Kuwait balances dwindling oil revenues, a need to reduce public spending and a need for greater sustainability. The nation depends on oil revenues to fund the economy. Amid a global push for ESG, Middle East countries are likely to adopt a slower, careful path to net-zero emissions. For insurers, this means balancing products for both traditional and ESG-driven markets.
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