Israel Insurance Q3 2018
Israel's insurance industry is one of the most advanced in the Middle East and, in terms of innovation and productdevelopment, more than rivals that of North America and Western Europe. The life and health insurance segments are especiallydynamic, and are benefiting from synergies with the country's thriving high-tech sector. A fast-growing economy will continue todrive innovation as household incomes and demand increase, though intense competition and the dominance of major companieswill restrict entry for smaller firms as well as multinationals. The most common route of entry is becoming acquisitions and majorityinvestments in domestic insurers, which is a path being taken by several well-known Asian investment groups.
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