Qatar 2022 Insurance

Faced with the changes associated with technological innovation, the global transition towards renewable energy and increasingly unpredictable weather patterns, the dynamics of the global insurance industry are shifting. While Qatar’s insurance market is growing, certain segments remain underdeveloped. The sector has traditionally been hindered by low insurance penetration and therefore has significant room for growth. Insurance products are becoming more popular due to several factors, including growing awareness about the benefits of insurance, the introduction of additional mandatory lines of coverage, a burgeoning financial technology ecosystem that makes products more affordable and accessible, the likelihood of increased inbound tourism and ongoing infrastructure development.

Cover of The Report: Qatar 2022

The Report

This chapter is from the Qatar 2022 report. Explore other chapters from this report.

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