Results and prospects of the Qatari market for 2016

Revenues generated by all Qatari insurers reached nearly three billion USD in 2016, that is 1.5% of the country's GDP. This penetration rate, which remains very low compared to the other countries of the MENA zone, suggests a strong growth potential for insurance in Qatar.

 The expansion of compulsory insurance schemes and the increase in tariffs have boosted insurance activity in the country.
Life insurance, which accounts for a small percentage of the total premiums, has also a promising growth potential.

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