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Insurance sector in the Palestinian territories has great potential for expansion

2010-06-30

Officials , local , Arab and foreign experts agreed that the insurance sector in the Palestinian territories has great potential for expansion among all types of insurance, but its success in exploiting the opportunities needs a great effort from all parties, especially insurance companies themselves; which must first stop the speculation and commit to the standard pricing set by the Capital Market Authority , in addition to strengthening their capital to face any risk, and thus meet their obligations to the beneficiaries of the policyholders .