Financial Services

Despite new state investments in infrastructure and a steadily rising population, the insurance sector in Kuwait is expected to grow more slowly than elsewhere in the Gulf.

With the country in the middle of a population boom, planned reforms to Nigeria’s pension system are timely. The legislative overhaul is expected to boost coverage, inject new capital into productive investments and increase accountability. However, implementation may be tricky, both in terms of ensuring compliance with the scheme and finding trained personnel to staff asset management funds.

L'assurance islamique, takaful, devrait contribuer de façon décisive au développement du secteur des assurances marocain, en droite ligne avec la volonté du gouvernement de diversifier le marché et d’augmenter le nombre de primes. Le lancement de takaful, initialement prévu cette année, reste cependant tributaire de l’adoption d'une nouvelle loi relative aux services financiers islamiques.

As Abu Dhabi looks to develop its capital markets, it has again raised discussions of establishing a Gulf Derivatives Exchange, while an upgrade for the UAE to emerging market status is likely to boost the bourse’s international profile and attract more institutional investors.

An overhaul of South Africa’s financial regulations, already considered some of the most robust worldwide, is likely to result in a shake up for the insurance sector. While the new system will strengthen oversight and boost transparency, it is also expected to push up the cost of compliance, which in turn could lead to industry consolidation.

A pesar del sólido crecimiento macroeconómico y del aumento en los ingresos de la última década, la penetración de los seguros en Colombia sigue siendo baja. Se espera que los grandes proyectos de infraestructura de la llamada cuarta generación, que se encuentran próximos a su ejecución, generen oportunidades de ampliación de cobertura, al tiempo que los proveedores buscan nuevas formas de llegar al mercado minorista.