Mergers and acquisitions in the Middle East to face the challenges of the future

With the falling prices of raw materials since the end of 2014, the economic activities of Middle Eastern countries have come under hardships, a situation that puts additional pressure on the insurance industry.
mergers acquisitions

According to numerous specialists, mergers and acquisitions among local players would be beneficial. They are likely to give birth to sizable insurers and reinsurers and assist big corporates.

Furthermore, thanks to their size, they are more capable of resisting competition from foreign insurers. Consequently, the market would gain value.

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