The year 2018 proved to be a challenging year for the Lebanese economy. Regional geopolitical turmoil and economic uncertainties increased pressure on the insurance sector. Stagnation in most of the sectors of the national economy is reflected in slower growth in premiums written by Lebanese insurers, and higher strain on profit margins. In this report, we will review in the first section the Lebanese Insurance Sector’s performance in 2018, and discuss in the second section the upcoming years forecast based on FitchSolution report : “Lebanon, Insurance Report, Includes 5-year forecast to 2023”.
For the full report, click on the link below:
Lebanese Insurance Sector Performance in 2018