IBISWorld, a market research firm serving many industries, has released a new report detailing the challenges facing the dental insurance industry as well as its successes over the past five years. Dental insurance is a rarity in the U.S., accounting for just 7% of all active insurance policies found in the country. While some of this may be due to persistent fear regarding dentistry from consumers, insurers claim that much of the industry’s shortcomings come from a bad economy and rising costs in medical care. The report shows that dental…
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Studies Show Saudi Arabian Insurance Market is Growing
During this most recent economic downturn, many sectors are experiencing losses. Insurance companies, however, are experiencing a 30 to 35 percent annual growth. This growth has been seen particularly in the Saudi Arabia insurance industry, making itself as one of the most rapidly growing in the world. As per a report entitled, “Saudi Arabia Insurance Market to 2010”, the market is churning with Government backed campaigns along with private companies entering as well. This report is resultant of adequate study and research of insurance business in Saudi Arabia. The report…
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