Qatar Insurance Q4 2019
Key View :
The insurance sector outlook for Qatar is positive and we are of the view that the sector contains a degree of untappedorganic growth potential that will be unlocked over the coming years. Insurance premium expansion will be driven by robust levelsof government spending and private consumption. Qatar is undergoing a robust and dynamic economic diversification effort andhas one of the most vibrant capital-intensive infrastructure development pipelines in the region, targeted towards the creation ofnew economic verticals. These factors will support steady premium expansion but downside risks stem from a protracted oil priceslump that will depress national revenues and the ongoing embargo placed on Qatar by some of its neighbours.
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