The past 18 months have seen huge amounts of bad debt being written off across all sectors and in particular the financial services, real estate and construction industries in the GCC. As a result, financial insurance on a corporate level has taken on an increasing importance over the recent months.
In an article published in Gulf Insurance Review, Mr Charles Pope Regional Manager Financial Lines with ACE American Insurance Company highlights the heightened awareness and uptick in demand for financial lines protection in the GCC due to the global economic meltdown.
Click on the attached PDF file to read the article.