Israel Insurance Q1 2021
We expect to see a rebound in growth in both the life and non-life insurance sectors in 2021. As economic conditionsimprove, we anticipate a return to high demand for life insurance products as a savings investment option for households.Meanwhile, most core lines in the non-life insurance sector will perform well during our forecast period. Health and personalaccident insurance will remain key drivers of growth for the whole sector, with digital solutions and innovation in health productsplaying a large role in expanding the market. However, risks towards both sectors are weighted to the downside if the Covid-19pandemic continues longer than expected.
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