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Executive Summary - Insurance, bancassurance and Takaful in the Middle East, Turkey and Pakistan

The combined gross domestic product (GDP) of the Middle East, Turkey and Pakistan (METP) represented 4.8% of global GDP or USD 3.7 trillion in 2014. These markets have grown strongly over the last decade due to investments in industry, infrastructure and the service sectors, and because of rising oil prices. The insurance industry has been a key beneficiary of the economic and infrastructure boom in the METP.