Published on March 5, 2014
The Insurance Industry in Lebanon
Summary The report provides in-depth industry analysis, information and insights of the insurance industry in Lebanon, including: The Lebanese insurance industrys growth prospects by insurance segments and categories The competitive landscape in the Lebanese insurance industry The current trends and drivers of the Lebanese insurance industry Challenges facing the Lebanese insurance industry Detailed regulatory framework of the Lebanese insurance industry A benchmarking section on the Lebanese insurance industry in comparison to other countries in the Middle East region
Key Highlights - The Insurance Industry The country was rated 48th globally and first in the Middle East and North African (MENA) region, in terms of insurance penetration by Swiss Re in 2013 The life segment was led by the individual life category, followed by the endowment category with respective segment shares of 59.2% and 40.8% The non-life segment was led by the motor insurance category, followed by property insurance, marine, aviation and transit insurance, and general liability insurance. The industry comprises many small insurers due to the minimum paid-up capital being only US$1.5 million. The industry is highly competitive with 52 operational insurers present in 2012 For More Information Kindly Click on this Link:- http://www.jsbmarketresearch.com/finance-banking/r-The-InsuranceIndustry-in-Lebanon-Key-Trends-and-Opportunities-to-2016-48266
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