The Insurance Sector in the Middle East and North Africa: Challenges and Development Agenda1/16/2013 This paper studies the causes of the low development of the insurance sector in the Middle East and North African (MENA) region, particularly for long term insurance. The paper shows that life and non-life premiums, as well as assets, are very low relative to expected levels given per capita income and demographic characteristics, and examines the causes of such poor performance. Rodney R. Lester World Bank March 1, 2011
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