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

Do you trust your insurer ?

Strongly agree
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
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

OPEC policy tough to predict due to econ gloom-Qatar

Difficult to predict OPEC output policy - Qatar min.


November 1, 2010 12:04 by

Qatar’s energy minister said on Monday it was difficult to predict what OPEC would decide on its oil output policy in 2011 because of the uncertainty surrounding the global economy.

“It is very difficult to predict what we should do next year (on output policy),” Abdullah al-Attiyah told Reuters in Singapore before attending an industry conference. “We have to watch the market very carefully.”

“Now it is still pretty gloomy because the world economy is still not clear, so it is very difficult to predict.”

The U.S. economy expanded at a 2 percent annual rate in the third quarter, according to data on Friday. The world’s biggest economy and largest oil consumer exited recession in June 2009 but growth braked abruptly in the second quarter of this year, coming in at a meager 1.7 percent rate.

Attiyah also said oil prices between $70 and $80 a barrel were “very comfortable for consumers and producers for the time being.”

Global oil prices have traded within this $10 range for most of this year. Oil rose 42 cents to $81.85 per barrel as of 0127 GMT.

OPEC will hold its next conference on Dec. 11 in Quito, Ecuador.

(Reporting by Randy Fabi; Editing by Manash Goswami)


Tags: , , , ,

Leave a Comment