Insurance
From The Report: Qatar 2026
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Qatar’s insurance market is experiencing robust growth, particularly in health insurance – driven by mandatory health care coverage for 2.9m expatriates – as well as increased demand for travel health insurance amid rising tourism. The sector’s GDP per capita is one of the world’s highest, which supports sustained customer demand in insurance products. Ongoing real estate developments combined with large-scale public infrastructure projects that are integral to Qatar’s economic diversification objectives, as outlined under the Qatar National Vision 2030 development plan, sustain demand within the insurance industry. The prolonged disruption to Gulf shipping routes during 2026 is expected to accelerate growth in specialty insurance segments, including marine cargo, war-risk, trade credit, political-risk and business interruption coverage. As global supply chains adjust to ongoing restrictions in the Strait of Hormuz, insurers operating in Qatar are likely to play an increasingly important role in supporting regional logistics, energy and trade resilience.

Articles from this Chapter

Overview

Expanding coverage: Mandatory health insurance and rising demand for specialised products are supporting the next phase of market development
OBG
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Qatar’s insurance market is experiencing robust growth, particularly in health insurance – driven by mandatory health care coverage for 2.9m expatriates – as well as increased demand for travel health insurance amid rising tourism. The sector benefits from one of the world’s highest GDP per capita, which supports sustained customer demand in insurance products. Ongoing real estate developments combined with large-scale public infrastructure projects that are integral to Qatar’s economic…

Analysis

Insuring stability: Regional political tensions have driven sharp repricing across war risk, marine and specialty insurance lines globally
OBG
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The Iran conflict and its consequences for maritime traffic through the Strait of Hormuz have laid bare structural weaknesses in global insurance markets that were present long before the first strikes. Within days of the outbreak of conflict in February 2026, war risk premium surged 500%, making transit economically unviable for most commercial operators. The world’s 12 major protection and indemnity clubs, which collectively underwrite the majority of ocean-going vessels, moved rapidly to cancel…