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Email this article: GCC insurers face crossroads as profitability declines
Posted: Mon July 2, 2012 12:57 pm
UAE. A.T. Kearney analysis highlights deterioration of GCC insurers' profitability, dropping from 28% in 2007 to 9% in 2011, and insists increasing urgency of operating model reassessment to avoid profitability collapse.
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UAE. Released at marquee industry event IoT World Forum, the survey data also reveals keys to IoT success; IDC predicts that the worldwide installed base of Internet of Things (IoT) endpoints will grow from 14.9 billion at the end of 2016 to more than 82 billion in 20251.
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