Insurance regulatory environment in Iraq has been saved
Insurance regulatory environment in Iraq
This whitepaper, Fact Sheet: Insurance regulatory environment in Iraq, provides insights into the insurance regulatory environment in the country for the benefit of different stakeholders entering the market.
Local insurance regulations in Iraq, in comparison to international best practices, are still in their infant stages. Nevertheless, tremendous potential exists to develop this industry and its regulatory environment.
A steady increase in population figures and a prospective growing economy in a reconstruction phase of Iraq, following the liberation announcement made last December 2017 by the prime minister of Iraq are likely to attract new players into the Iraq market.