Daniel Slotta
Research expert covering Greater China
Insurance industry in the Gulf Cooperation Council - statistics & facts
The insurance industry provides contracts known as policies to individuals or business entities as a form of financial protection or reimbursement against future losses. Those losses can be bundled under specialized insurance policies, such as health, life, or accident insurances for individuals. For businesses, these policies include cargo or product liability insurance. Generally speaking, the insurance market consists of two main segments: life and non-life insurances.
