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New Market Report: The Insurance Industry in Lebanon, Key Trends and Opportunities to 2016

Fast Market Research recommends "The Insurance Industry in Lebanon, Key Trends and Opportunities to 2016" from Timetric, now available

 

Boston, MA -- (SBWIRE) -- 01/25/2013 -- The Lebanese insurance industry is one of the leading insurance industries in the Middle East and North African (MENA) region in terms of penetration. The free market economy with relatively few regulations has allowed many foreign insurance companies to set up shop in the country. Rising property prices, growth in automobile sales and inadequate public healthcare supported the growth of the Lebanese insurance industry during the review period, during which the industry grew at a CAGR of 13.2%. Individual life and whole life insurance products accounted for a large share of the Lebanese life insurance segment during the review period.

Key Highlights

- The Lebanese insurance industry is one of the leading insurance industries in the Middle East and North African (MENA) region in terms of penetration.
- The free market economy with relatively few regulations has allowed many foreign insurance companies to set up shop in the country.
- Rising property prices, growth in automobile sales and inadequate public healthcare supported the growth of the Lebanese insurance industry during the review period, during which the industry grew at a CAGR of 13.2%.
- Individual life and whole life insurance products accounted for a large share of the Lebanese life insurance segment during the review period.
- The growth of the Lebanese non-life insurance segment was primarily supported by growth in property and motor insurance.

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the insurance industry in Lebanon:

- It provides historical values for the Lebanese insurance industry for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- It offers a detailed analysis of the key segments and sub-segments in the Lebanese insurance industry, along with forecasts until 2016
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Lebanon and outlines the key regulations affecting them

Reasons to Get this Report

- Make strategic business decisions using in depth historic and forecast industry data related to the Lebanese insurance industry and each segment within it
- Understand the demand-side dynamics, key trends and growth opportunities within the Lebanese insurance industry
- Assess the competitive dynamics in the Lebanese insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Lebanese insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: Medgulf, Allianz SNA, MetLife Alico, Arope, Bankers Assurance

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