Captive market is seeking to expand in the Gulf region

Qatar is striving to develop captive market. A series of seminars, the first of which took place in early December, has introduced this concept and its development perspectives in the Gulf. A recent report published by MEED Insight has concluded that this insurance model will attract numerous regional companies desirous of improving their risk management policy. Among the factors most likely to boost this activity in the region: the growing size and sophistication of companies, the privatization of large public companies, the adjustment of laws and fiscalization.