UAE- Nexus sees business growth in '16

11/30/2015 11:50:05 PM

(MENAFN- Khaleej Times)

The rapidly developing insurance and savings industry presents significant opportunities for business growth according to leading regional brokers Nexus Group.

Speaking at the Nexus Group's annual general meeting 2015 Tarun Khanna the firm's chief executive officer highlighted a sharp shift towards protection schemes observed in 2015 with an expected growth of more than 28 per cent this year compared to six per cent in 2014.

The region's leading insurance broker is also expecting a 35 per cent increase in its general insurance business in 2015 over 24 per cent growth in its life and savings business and a double digit increase in funds under management.

The highlight of 2015 however was the launch of Nexus in Asia following the management buy-out of Zurich Singapore.

Officially announced in October the entrance into the Asian market is expected to contribute to the growth of Nexus Group and demonstrates the firm's commitment to providing world-class advisory services.

"By maintaining our commitment honesty and hard work 2016 is set to become a record-breaking year for Nexus Group" said Khanna.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.