Personal Accident and Health Insurance in Lebanon, Key Trends and Opportunities to 2018


#281042

196pages

Timetric

$ 1950

In Stock

Synopsis

Timetric’s 'Personal Accident and Health Insurance in the Lebanon, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Lebanese personal accident and health insurance segment, including:
  • The Lebanese personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • The various distribution channels in the Lebanese personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Lebanon
  • Detailed regulatory policies of the Lebanese insurance industry
  • Analysis of various consumer segments in Lebanese personal accident and health insurance
  • Product portfolio of the Lebanese Personal Accident and Health Insurance companies
Executive summary
  • Timetric’s 'Personal Accident and Health Insurance in the Lebanon, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Lebanese personal accident and health 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.
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 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 personal accident and health 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 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 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.
Key highlights

  • Personal accident and health insurance was the second-largest segment in the Lebanese insurance industry in 2013. The segment accounted for 33.0% of the industry’s gross written premium in 2013.
  • The segment is highly concentrated, with the 10 leading companies accounting for 76.3% of the segment’s total gross written premium in 2013.
  • Growing healthcare expenditure to support health insurance.
  • Insurers extending cover for terrorism risk.
  • Brokers held 53.2% of the personal accident and health segment’s gross written premium new business in 2013.
  • Competition from private mutual insurance companies.
  • In September 2013, GlobeMed Ltd, an Egyptian provider of healthcare administration and assistance services, partnered with the Arope Insurance SAL, Arab Misr Insurance Group and Arab Orient Takaful Insurance Company (AOTIC) to provide complete healthcare benefit management services.