Life Insurance in Lebanon, Key Trends and Opportunities to 2018
Timetric’s 'Life Insurance in Lebanon, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Lebanese life insurance segment. It provides key performance indicators 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 Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.
Timetric’s 'Life Insurance in Lebanon, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Lebanese life insurance segment, including:
The Lebanese life insurance segment’s growth prospects by life insurance category
Key trends, drivers and challenges for the life insurance segment
The various distribution channels in the Lebanese life insurance segment
The detailed competitive landscape in the life insurance segment in Lebanon
Detailed regulatory policies of the Lebanese insurance industry
Analysis of various consumer segments in Lebanese life insurance
Product Portfolios of Lebanese Life Insurance Companies
This report provides a comprehensive analysis of the life insurance segment in Lebanon:
It provides historical values for the Lebanese life insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key categories in the Lebanese life insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for life insurance products in Lebanon.
It profiles the top life insurance companies in Lebanon and outlines the key regulations affecting them.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Lebanese life insurance segment and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Lebanese life insurance segment.
Assess the competitive dynamics in the life insurance segment.
Identify the growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Lebanese insurance industry and their impact on companies and the industry's future.
Life insurance was comparatively smaller than the non-life and personal accident and health segments in the Lebanese insurance industry in 2013, accounting for 29.6% of the industry’s gross written premium.
The 10 leading insurers in the Lebanese life segment accounted for 86.4% of the total gross written premium generated in 2013.
Increased life expectancy to generate business for life insurers.
Low capital requirements resulted in excessive number of insurers.
Loss of appetite among reinsurers hesitant to take up risks exposed to political violence.
In collaboration with Visa, AXA Middle-East launched insurance credit card on June 12, 2014. This card provides a simple transaction process and includes a cash back option, mobile payment and free travel insurance.