close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Eyeing Luxury Market Growth

Luxury-market-Middle-East

Patrick Chalhoub, co-CEO of The Chalhoub Group, talks about the region’s luxury goods market and vision for the future.

0

May 23, 2012 3:22 by



And again, we have huge ambition for the future, because we are seeing that the market is growing and is continuing to evolve quickly and we want to be a major player in this evolvement.

What is your growth target?
The luxury market is set to grow by approximately six percent, and definitely emerging markets are the ones who are fuelling the growth. This is why, generally, [there is]this attraction for luxury, which is coming more into the emerging markets where wealth is being created and distributed. The GCC market is growing by 8 to 10 percent a year, but we know that the Saudi Arabian market is still under developed, I am speaking about the whole country not about Jeddah and Riyadh. We also know Iran and Egypt are today not even on the map of luxury consumers, but one day they will have the economic wealth and economic freedom to invest into it. We obviously hope to grow twice as fast as the market.

Ranvir Nayar

First published in Trends



Pages: 1 2 3 4 5 6 7 8

0

Tags: , , , , ,

Leave a Comment