Middle East life insurance segment to grow by 17% in 2010.

By bne IntelliNews November 22, 2010
The life insurance segment in the Middle East region is expected to grow by 17% in 2010 after it registered a slowdown last year due to the global financial crisis, news agency African Manager reported quoting MetLife Alico Gulf general manager, Mario Valdes. He added that the industry still needs support and development in the region as it accounts for less than 0.3% of GDP against 8% in the Western countries.

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