Building BOOM

Schmitt, Ettie
March 2007
Business Insurance;3/19/2007, Vol. 41 Issue 12, p11
The article discusses the insurance market in the Middle East. A combination of a relatively stable political scene, a low natural catastrophe profile and large amounts of investment have contributed to a soft insurance market for property managers and owners in the region. Perhaps the two greatest challenges for those buying insurance for construction projects and properties are posed by the shortage of skilled laborers and contractors and technological problems arising from complex construction projects.


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