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Insurance industry rose 24% during 2006

Monday 21 May 2007

Source: ANSAMed - BEIRUT, MAY 21

Chapeau: In 2006, the life insurance industry in Lebanon registered a rise of 24%, with an 11% growth in life insurance policies, according to the sixth edition of the report Digest Arab Insurance Rating (DAIR)

Texte: The DAIR has the objective to draw a picture of the situation and to rank more than 110 companies from the Arab world. The market of the Country of Cedars alone counts over 55 insurance companies, one of the highest numbers in the Arab world. The same report, which is published every year by the group \’Muhanna & Co.\’, reveals a lack of transparency in the disclosure of the financial balances of Lebanese insurance companies.

See online : http://www.ansamed.info/en/news/ME02.YAM17571.html

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