Reinsurance: A need for collaboration

Source: Middle East Insurance Review | Jan 2025

The insurance market in the GCC has expanded considerably in the past few years and is expected to maintain its growth in the foreseeable future. However, weather-related risks and geopolitical tensions continue to plague the market, reinforcing the need for better cooperation and coordination among operators. Kuwait Re’s Mr S Mohamed Veera shares his views on the state of general reinsurance in the GCC.

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