Kuwait Insurance Q4 2018
The outlook for Kuwait's insurance industry has brightened and our forecasts for most segments have been revisedupwards this quarter. The market recorded stronger-than-anticipated growth in 2017, and most providers are expected to achievefurther growth in 2018. This comes in light of an uptick in economic activity in the country as oil prices rise, boosting GDP growthand stimulating greater private consumption. That being said, providers will continue to face headwinds due to the lack of demandfrom most Kuwaitis and pressure on the expatriate workforce, as well as issues surrounding market regulation.