ROBUST BANCASSURANCE FRAMEWORK VITAL IN DIVERSIFYING OIL-BASED GCC ECONOMIES, YET PENETRATION IS LOW
Huge potential and challenges in insurance and bank collaborations to be addressed in Bancassurance MENA Summit in Dubai Dubai, UAE, 10 February, 2015: The development of a robust bancassurance framework within the GCC insurance market is critical in diversifying the region’s oil-based economy, yet penetration rates are as low as 1-2% compared to 8-15% …