Regulation, oil prices to shape GCC market: Moody’s
Insurers in most Gulf Cooperation Council (GCC) countries will likely face moderate-to-high credit risk over the next 12-18 months, reports Moody’s Investors Service. “Weak oil prices and high exposure to volatile investment assets are driving credit risk for GCC insurers. These factors are partly offset by the low insurance penetration across the region and improving insurance regulation,” […]
