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Personal Accident and Health Insurance in Lebanon Key Trends and Opportunities to 2020

Personal Accident and Health Insurance in Lebanon Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Lebanon Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Lebanese life insurance segment, and a comparison of the Lebanese insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Lebanese economy and demographics, 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 the regulatory structure.

Summary

Timetric’s 'Personal Accident and Health Insurance in Lebanon Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Lebanese personal accident and health insurance segment, including:

  • An overview of the Lebanese personal accident and health insurance segment
  • The Lebanese personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Lebanese economy and demographics
  • A comparison of the Lebanese personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Lebanese personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Lebanon
  • Details of regulatory policy applicable to the Lebanese insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Lebanon:
  • It provides historical values for the Lebanese personal accident and health insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Lebanese personal accident and health insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Lebanese personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Lebanon.
  • It profiles the top personal accident and health 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 personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Lebanese personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify 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.
Key Highlights
  • In 2017, Al-Ittihad Al-Watani Insurance was taken over by NASCO Insurance Group, an insurance brokerage firm.
  • In October 2016, Arope Insurance announced a strategic partnership with BoB Finance in collaboration with insurance brokers in Beirut.
  • In 2015, the Insurance Control Commission (ICC) developed supervisory and analytical tools that strengthened disclosure requirements, and developed new guidelines for new products and the enhancement of existing ones.
  • In 2015, ICC initiated the provision of soft loans as incentives in order to encourage mergers and acquisitions.


  • Key Facts and Highlights
    • Table Lebanese Personal Accident and Health Insurance - Key Facts, 2015
    • Table Lebanese Personal Accident and Health Insurance - Leading Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Lebanese Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Lebanese Personal Accident and Health Insurance - Gross Written Premium (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Penetration (%), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Gross Written Premium (LBP Billion and US$ Billion), 2015-2020
        • Table Lebanese Personal Accident and Health Insurance - Penetration (%), 2015-2020
        • Table Lebanese Personal Accident and Health Insurance - Premium per Capita (LBP and US$), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Premium per Capita (LBP and US$), 2015-2020
      • Policies sold
        • Table Lebanese Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Lebanese Personal Accident and Health Insurance - Paid Claims (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Paid Claims (LBP Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Lebanese Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Lebanese Personal Accident and Health Insurance - Total Assets (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Total Assets (LBP Billion and US$ Billion), 2015-2020
        • Table Lebanese Personal Accident and Health Insurance - Total Investment Income (LBP Million and US$ Million), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Total Investment Income (LBP Million and US$ Million), 2015-2020
        • Table Lebanese Personal Accident and Health Insurance - Investment Portfolio (LBP Billion), 2011-2015
        • Table Lebanese Personal Accident and Health Insurance - Investment Portfolio (LBP Billion), 2015-2020
  • Outlook by Category
    • Table Lebanese Personal Accident and Health Insurance - Direct Written Premium by Category (LBP Billion), 2011-2015
    • Table Lebanese Personal Accident and Health Insurance - Direct Written Premium by Category (LBP Billion), 2015-2020
    • Personal Accident Insurance
      • Premium
        • Table Lebanese Personal Accident Insurance - Direct Written Premium (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Personal Accident Insurance - Direct Written Premium (LBP Billion and US$ Billion), 2015-2020
      • Policies
        • Table Lebanese Personal Accident Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Lebanese Personal Accident Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Lebanese Personal Accident Insurance - Paid Claims (LBP Million and US$ Million), 2011-2015
        • Table Lebanese Personal Accident Insurance - Paid Claims (LBP Million and US$ Million), 2015-2020
      • Profitability
        • Table Lebanese Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Lebanese Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Premium
        • Table Lebanese Health Insurance - Direct Written Premium (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Health Insurance - Direct Written Premium (LBP Billion and US$ Billion), 2015-2020
      • Policies
        • Table Lebanese Health Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Lebanese Health Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Lebanese Health Insurance - Paid Claims (LBP Billion and US$ Billion), 2011-2015
        • Table Lebanese Health Insurance - Paid Claims (LBP Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Lebanese Health Insurance - Loss Ratio (%), 2011-2015
        • Table Lebanese Health Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Lebanese Personal Accident and Health Insurance -Leading Insurers
    • Company Profiles
      • Medgulf Insurance and Reinsurance Co. SAL - company overview
        • Table Medgulf Insurance and Reinsurance Co. SAL - Key Facts
      • Bankers Assurance SAL - company overview
        • Table Bankers Assurance SAL - Key Facts
      • Axa ME SAL - company overview
        • Table Axa ME SAL - Key Facts
      • Allianz SNA SAL - company overview
        • Table Allianz SNA SAL - Key Facts
      • Fidelity Assurance & Reinsurance Co. SAL - company overview
        • Table Fidelity Assurance & Reinsurance Co. SAL - Key Facts
  • Governance, Risk and Compliance
    • Table Lebanon - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Lebanon - Life Insurance Regulatory Framework
      • Property insurance
        • Table Lebanon - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Lebanon - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Lebanon - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance (bodily injury only)
        • Table Lebanon - Third-Party Liability Cover Limits
      • Work injury cover scheme
      • Universal health cover scheme
      • Liability for ship owners in respect of oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Insurance Control Commission
      • Association des Compagnies d'Assurances au Liban
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Lebanon - Amendment of Deemed Profit Rates
        • Table Lebanon - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Lebanese Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Lebanese Personal Accident and Health Insurance - Claims and Expenses, 2011- 2015
      • Table Lebanese Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Lebanese Personal Accident and Health Insurance - Assets and Investments, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance - Assets and Investments, 2015-2020
    • Direct Marketing and E-Commerce
      • Table Lebanese Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2015-2020
    • Insurance Brokers and Agencies
      • Table Lebanese Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2015-2020
    • Personal Accident Insurance
      • Table Lebanese Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
    • Health Insurance
      • Table Lebanese Personal Accident and Health Insurance - Health Insurance, 2011-2015
      • Table Lebanese Personal Accident and Health Insurance - Health Insurance, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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