QFCA Barometer: Further commercial price erosion expected

The commercial insurance pricing outlook in the Middle East and
North Africa (Mena) region remains depressed, with the majority of
executives expecting further softening in the next 12 months.
The annual Mena Insurance Barometer, conducted by the Qatar
Financial Centre Authority (QFCA), found that 42 percent of
executives expected a further erosion of rates over the next 12
months, up from 19 percent a year ago.
The survey interviewed senior executives at 36 regional and
international (re)insura