Insurance in the Middle East is not going to slow down from now up to 2013

According to the consulting firm RNCOS, the insurance sector will undergo a sustained development during the 2010-2013 period. The average growth rate over this period will reach 25%. The well-trained youth along with governmental initiatives stand as the engine of this growth. The Takaful insurance companies, which in 2009 reported a 135% development in the Emirates and 69% in Bahrain, will also be playing a major role.