Egypt fourth Arab brokerage market
Monday, 05 29 2017, Category: Insurance and Reinsurance, Country: Egypt
Egypt is the fourth Arab market in term of the share insurance brokers as a percentage of total insurance premiums in the property and liabilities branch followed by Syria, Tunisia and Bahrain.
The latest report issued by “Axco” the leading English firm in insurance market intelligence showed that in year 2015 the share of insurance brokers in total premiums in Syria reached 80% for property and liability and 12% in life insurance, followed by Tunisia with 69% of property and 29% of life and then Bahrain with 65% of property and 35% of life.
Egypt was the fourth with 60% of property and 43% of life followed by Lebanon with 60% of property and 45% of life and then Kuwait with 60% of property and 40% of life.
Source: Al Mal News