A survey by Saudi Reinsurance Company SJSC revealed that 82% of insurance CEOs and executives in 11 Arab markets are optimistic about the region’s outlook over the next three to five years despite geopolitical and economic headwinds, Middle East Insurance Review reported. Of the 35 respondents, 25% foresee strong growth, 57% expect moderate expansion, while 4% predict stagnation and another 4% expect contraction.