KUWAIT'S INSURANCE COVERAGE IS STILL THE LLOWEST IN GULF

  • 28/09/2021

Kuwait City: Kuwait's insurance coverage is still the lowest in the Gulf, according to the Competition Protection Authority. But the authority expects its spread to increase with the new regulations. The improvement of the compulsory insurance system depends on the state of the global economy and government investment in infrastructure development. 


Law No. 125 of 2019 is expected to bring about a number of changes in the insurance business sector. The law will modernize Kuwait's insurance laws, according to a study by the Insurance System in Kuwait: 

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