Insurers Look to Potential of North Africa

DUBAI — The insurance industry has made only modest inroads in North Africa, and that is unlikely to change, at least in the short term, as political transformations and other uncertainties shake the region. But analysts say that advances in the past decade have laid the foundation for potentially high long-term growth of the sector in Algeria, Morocco and Tunisia.

The potential expansion of the insurance business could outpace annual economic growth over the long term in the three countries…read more

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