MENA region: insurance Mergers & Acquisitions boom in 2020

connexionInsurance markets in the Middle East & North African (MENA) region are expected to witness an increase activity in 2020. This was predicted by New Dawn Risk (NDR), a British brokerage firm specialised in property and casualty insurance.

The recent mergers and acquisitions recorded or in preparation pave the way to greater market concentration. In most countries, capital requirements are expected to increase in 2020.

This type of decision would push companies to merge in order to remain competitive. The new laws limiting the claim payment deadline, shall also put insurers to the test. Some companies are already lacking liquidity.

Read also | MENA insurance market

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