Combining oil and gas wealth with the entrepreneurial efforts of its predominantly young population, Nigeria has developed a business-friendly environment over the past two decades of civilian rule. The country has effectively leveraged its abundance of natural resources and harnessed the strength of its 193m-strong population to become a key nation both on the African continent and beyond.
Articles & Analysis | Overall premium grows in Kuwait as major changes to insurance law deliberated from The Report: Kuwait 2018
In 2017 and early 2018 Kuwait’s insurance sector enjoyed growth on the strength of steadily rising premium, regulatory tweaks and forays by individual underwriters into a number of new market segments. Nonetheless, according to many stakeholders, the obsolescence of the country’s insurance law – which dates back to 1961, when Kuwait declared...
Articles & Analysis | Emerging markets benefit from reinsurance programmes to protect against natural disasters from The Report: Kuwait 2018
While advanced economies generate the vast majority of insurance and reinsurance business, emerging markets are posting higher rates of growth. Complementing this underlying trend is the strong and expanding interest in catastrophic risk, which by nature tends to pertain to emerging markets.
Articles & Analysis | Sharia-compliant services and products continue to drive development in Kuwait from The Report: Kuwait 2018
Over the course of 2017-18 Kuwait’s Islamic financial services (IFS) industry saw continued growth and ongoing development, shoring up the country’s long-standing reputation as a global centre for sharia-compliant banking, insurance and investment activities. At the end of 2017 Kuwait was home to 6% of all sharia-compliant assets, according to...
Articles & Analysis | Kuwait bourse attracts attention with upgrades aiming to transform capital markets from The Report: Kuwait 2018
The Kuwait stock market is undergoing a series of upgrades and changes, which taken together have the potential to trigger a transformation in the market’s daily operations and long-term prospects.
Articles & Analysis | Inclusion in global indices often results in a greater flow of funds to capital markets from The Report: Kuwait 2018
The period of easily raising funds from abroad seems to be coming to an end for emerging markets. In the new environment of higher US interest rates and increased competition for capital flows, portfolio managers are becoming more selective with where they place their money. One way for developing nations to ensure that their financial markets...