Dramatic change required to save general insurance

Source: Middle East Insurance Review | Jan 2023

The Jordanian insurance market faces imminent risks, some of which result from the structure of the sector and are related to the behaviour of players, and others related to the business environment and general economic conditions. Arabia Insurance Company’s Mr Rashid El-Habbab sounds the alarm and calls on stakeholders from insurance companies and regulatory bodies to intervene to save the sector and bring it to safety.

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