21.03.2016 21:06:00

ICIEC -- GCC Insurance CFOs optimistic on increasing profitability despite being their key concern for 2016

DIFC - Dubai, March 22, 2016 -- A survey of the Chief Financial Officers (CFOs) of 15 GCC insurers -- including some of the largest national and multinational insurance groups in the area -- indicates that more than half expect the growth in their company's operating profit to be moderate or high, says Moody's Investors Service in a new Sector In-Depth published today. Although Moody's shares the expectations of the CFOs on a good number of important topics, they tend to be more optimistic on some issues, including the profitability outlook.

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