Reinsurance growth prospects brighter in Mena region: AM Best ...Qatar

The economic rebound, higher natural resources extraction and plans to enhance insurance penetration brighten the prospects for reinsurance growth in the Middle East and North Africa (Mena), according to AM Best, an international insurance rating agency. It views Mena as having good reinsurance growth potential, supported by rebounding economic activity, the extraction of natural resources, and intentions to increase insurance penetration across the region. A growing number of the region’s primary insurers have shown a renewed interest in participating in the regional reinsurance market on an inward facultative basis, it found. "Inward facultative interest has accelerated since 2020 as prim

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