Diversifying insurance products can reduce sector volatility, analyst says
Market analyst Saud Al-Mutair says expanding insurance product offerings helps stabilize sector results and supports sustainable profit flows.
Insurer analyst Saud Al-Mutair has suggested that insurers can reduce sector volatility by expanding their product range, as reported by Al Ekhbariya TV. According to Dr. Al-Mutair, diversifying insurance offerings can help stabilize sector results and foster long-term profit flows.
In an interview, Al-Mutair emphasized that insurance companies should aim to boost their capital through acquisitions and expansion, given the high-risk nature of the sector. He pointed out a correlation between profit growth and improved sector performance, which can be achieved through higher insurance fees that positively impact company results.
However, Al-Mutair stressed that diversification is a key factor in maintaining stability rather than depending on a narrow range of products. He also cautioned against the issue of overpricing initial public offerings, arguing that offering prices should be appealing to investors.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
