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  • Lebanon Opportunities

    Insurance

    Dec 06, 2019 3 minutes

    EXECUTIVE SUMMARY

    he insurance market, particularly non-life insurance, is relatively well developed compared to the Middle East region. The sector, however, remains fragmented with more than 50 insurance firms competing for a share of the market. This situation creates an opportunity for mergers and acquisitions, but the sector is currently facing challenges in attracting large scale investments. Despite the present market conditions, the first half of 2019 witnessed Saradar Capital Holding's acquisition of 51 percent of Assurex, while LIA Insurance

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