What priority routes are being considered as part of the airline’s ongoing expansion, and what is the rationale behind this expanding network?
Kuwait has historically been an important location for regional trade, although in recent years the country has seen more conflict than trade with its neighbours. However, relations are beginning to improve, which has had major implications for transport and logistics. Kuwait is planning to construct a new urban centre, Madinat Al Hareer – or...
What long-term role can a railway system play in the development of Kuwait’s land transport network?
A new insurance law was approved by the Kuwaiti Parliament in July 2019 to support the maturation and growth of the sector. While premium are likely to rise in the short term and a gradual consolidation of the sector is expected, a more viable, lower-risk environment is set to emerge in the coming years.
Two of the biggest trends in global insurance in recent years are premium growth in emerging markets and the rising importance of technology across the supply chain. The latter has come to be referred to as insurtech, a potentially disruptive trend that heralds both threats to and opportunities for incumbents and newcomers alike.
Kuwait’s insurance sector has expanded rapidly in recent years, with numerous new entrants competing and driving down premium. This has led to concerns that companies are booking high profits at the risk of not keeping enough in reserve to meet future payouts on policies. To counter these worries, a new law was passed in July 2019 which is...
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