Zurich Insurance Group will exit its general insurance business in the United Arab Emirates by the end of 2016, after a review concluded the investment needed in the market was not justified by its limited growth potential.
Zurich, which will continue to offer life insurance in the UAE, has been reviewing its global general insurance business, its biggest source of revenue and which sells things like property and casualty insurance, under the unit's new boss Kristof Terryn.
0 comments:
Post a Comment