Lebanon – USD 162 million profits of insurers in 2016
Saturday, 01 14 2017, Category: Insurance and Reinsurance, Country: Lebanon
The profits of insurance companies operating in Lebanon increased to USD 162.4 million in 2016 with a record growth of 15.2% in net profits. The sector is expected to gain momentum during 2017 given the dynamics of life insurance and other branches, which include health and motor insurance. The report issued by SGBL bank quotes the specialized British Business Monitor International.
Source: Al Akhbar