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Research and Markets: Lebanon Non-Life Insurance Key Trends and Opportunities to 2018
[May 25, 2015]

Research and Markets: Lebanon Non-Life Insurance Key Trends and Opportunities to 2018


Research and Markets (http://www.researchandmarkets.com/research/gmdhdk/nonlife) has announced the addition of the "Non-Life Insurance in Lebanon, Key Trends and Opportunities to 2018" report to their offering.

'Non-Life Insurance in the Lebanon, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Lebanese non-life insurance segment. It provides Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.

The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operaing in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.



Key Highlights

- Non-life insurance is the largest primary insurance segment in Lebanon, accounting for 37.4% of the overall insurance gross written premium in 2013.


- The Lebanese non-life segment is moderately consolidated, with the 10 leading non-life insurers accounting for 56.7% of the total segment's gross written premium in 2013.

- Strong growth in the automobile industry will support motor insurance.

- Rising number of mergers and acquisitions to consolidate the segment. The Bank of Beirut (BoB) entered into a partnership agreement with Allianz SNA SAL in 2014.

- Insurers are developing new products and upgrading existing ones to meet customers' growing needs. For example, products covering property against the risk of political violence are becoming popular

- High combined ratio impacting the segment.

Key Topics Covered:

1 Key Facts and Events

2 Executive Summary

3 Introduction

4 Lebanese Insurance Industry Attractiveness

5 Non-Life Insurance Outlook

6 Analysis by Distribution Channel

7 Governance, Risk and Compliance

8 Competitive Landscape and Strategic Insights

  • Arope Insurance sal
  • Bankers Assurance sal
  • Axa ME sal
  • Libano-Suisse Insurance Co. sal
  • LIA Insurance sal
  • Medgulf Insurance and Reinsurance Co.
  • Fidelity Assurance & Reinsurance Co. sal
  • Al Mashrek Insurance & Reinsurance sal
  • Allianz SNA
  • Assurex Insurance and Reinsurance sal

For more information visit http://www.researchandmarkets.com/research/gmdhdk/nonlife


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