Mega Projects Spur Mideast Insurance Growth

Huge investment in mega projects throughout the Middle East has spurred growing demand for insurance policies, a leading financial expert has claimed. While addressing delegates at the inaugural World Space Risk Forum in Dubai on Tuesday, Ahmed Humaid Al Tayer, Governor of the Dubai International Financial Centre, said: “The region’s huge programme of infrastructure spending on energy, water, transportation and petrochemicals is creating mega projects that require insurance and reinsurance services.”