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Jordan & Lebanon Insurance Report Q4 2017

Jordan & Lebanon Insurance Report Q4 2017

BMI View:

The insurance market in Lebanon is relatively well developed and most sectors are expected torecord further growth in premiums, supported by wider economic growth and product developments.

Structural constraints, such as low average household income levels and a fragmented competitivelandscape, particularly in the non-life sector, will however remain barriers to growth. The market wouldbenefit from regulatory reforms and consolidation among some of the smaller providers in order to improvetransparency and stability and increase confidence for both investors and consumers.

Latest Updates And Key Forecasts

The Lebanese government is committed to the expansion of the insurance industry and the country'sEconomic Minister Raed Khoury recently stated an aim of increasing total written premiums to overUSD4.5bn over the coming years, which would mark a substantial increase from current volumes.


BMI Industry View
Table: Headline Insurance Forecasts (Lebanon 2014-2021)
SWOT
Insurance
Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Lebanon 2014-2021)
Table: Life Claims (Lebanon 2010-2015)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Lebanon 2014-2021)
Table: Non-Life Claims (Lebanon 2010-2015)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Lebanon 2014-2021)
Insurance Risk/Reward Index
Middle East And North Africa Insurance Risk/Reward Index
Table: Middle East And North Africa Insurance Risk/Reward Index, Q4 2017
Market Overview
Life Market Overview
Product Offering
Competitive Landscape
Table: Life Insurance Premiums (USDmn)
Non-Life Market Overview
Product Offering
Competitive Landscape
Table: Non-Life Insurance Market Shares (USDmn) 2010-2015
Company Profile
Allianz
Arabia Insurance Company
AXA Middle East
MedGulf
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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