Synopsis
Timetric’s 'Reinsurance in Lebanon, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Lebanese reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010-2014) and forecast period (2014-2019).
The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Lebanese economy and demographics, and provides detailed analysis of natural and man-made hazards and their impact on the Lebanese insurance industry.
The report brings together Timetric’s research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.
Scope
This report provides a comprehensive analysis of the reinsurance segment in Lebanon:
• It provides historical values for the Lebanese reinsurance segment for the report’s 2010-2014 review period, and projected figures for the 2014-2019 forecast period.
• It offers a detailed analysis of the key categories in the Lebanese reinsurance segment, and market forecasts to 2019.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Lebanon, and the reinsurance segment's growth prospects.
Summary
Timetric’s 'Reinsurance in Lebanon, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Lebanese reinsurance segment, including:
• The Lebanese reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
• A comprehensive overview of the Lebanese economy and demographics
• Detailed analysis of natural and man-made hazards and their impact on the Lebanese insurance industry
• The competitive landscape in the Lebanese reinsurance segment
Reasons To Buy
• Make strategic business decisions using in-depth historic and forecast market data related to the Lebanese reinsurance segment, and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Lebanese reinsurance segment.
• Identify 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
• In terms of gross written premium, the Lebanese reinsurance segment posted a CAGR of 6.5% during the review period.
• The Lebanese reinsurance segment is competitive, with both domestic and foreign reinsurers
• Reinsurance contracts related to political violence are being placed on a facultative basis, leading to a doubling in premium rates.
• The reinsurance segment is expected to post a forecast-period CAGR of 8.5%, due to natural disasters, favorable government policies and the country’s economic growth.
• Growth in all three primary segments drove reinsurance during the review period, a trend that is expected to continue over the forecast period.
Table Of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Reinsurance Growth Dynamics and Challenges
4.1 Reinsurance Segment Size, 2010-2019
4.2 Reinsurance Segment Size by Premium Ceded, 2010-2019
5 Natural and man-made Hazards
5.1 Earthquakes
5.2 Storms
5.3 Wildfires
5.4 Floods
5.5 Man-made calamities
5.6 Exposure
6 Key Industry Drivers
6.1 Reinsurance Drivers
6.2 Life Insurance Drivers
6.3 Non-Life Insurance Drivers
6.4 Personal Accident and Health Insurance Drivers
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Leading Companies in the Lebanese Reinsurance Segment
7.2.1 Arab Reinsurance Company - company overview
7.2.2 Gen Re Beirut sal - company overview
7.2.3 The Mediterranean and Gulf Insurance and Reinsurance Co. (Medgulf) - company overview
8 Definitions and Methodology
8.1 Definitions
8.2 Methodology
9 About Timetric
9.1 Contact Timetric
9.2 About Timetric
9.3 Timetric’s Services
9.4 Disclaimer
List Of Tables
Table 1: Lebanese Reinsurance - Key Facts, 2014
Table 2: Lebanese Government Credit Ratings
Table 3: Lebanese Reinsurance - Premium Accepted (LBP Billion), 2010-2014
Table 4: Lebanese Reinsurance - Premium Accepted (LBP Billion), 2014-2019
Table 5: Lebanese Reinsurance-Premium Ceded by Type of Insurance (LBP Billion), 2010-2014
Table 6: Lebanese Reinsurance-Premium Ceded by Type of Insurance (US$ Million), 2010-2014
Table 7:Lebanese Reinsurance-Premium Ceded by Type of Insurance (LBP Billion), 2014-2019
Table 8: Lebanese Reinsurance-Premium Ceded by Type of Insurance(US$ Million), 2014-2019
Table 9: Lebanese Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Table 10: Lebanese Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Table 11: Lebanese Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Table 12: Lebanese Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Table 13: Lebanese Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Table 14: Lebanese Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Table 15: Lebanese Average Annual Loss by Hazard, 1990-2014
Table 16: List of Man-made Attacks in Lebanon, 2004-2016
Table 17: Key Insurers in the Lebanese Reinsurance Segment, 2014
Table 18: Arab Reinsurance Company- Key Facts
Table 19: Gen Re Beirut sal - Key Facts
Table 20: The Mediterranean and Gulf Insurance and Reinsurance Co. (Medgulf)- Key Facts
Table 21: Insurance Industry Definitions
List Of Figures
Figure 1: Lebanese Real GDP (LBP Trillion), 2010-2019
Figure 2: LBP-US$ Exchange Rate, 2010-2019
Figure 3: Lebanese Consumer Price Inflation, 2010-2019
Figure 4:Lebanese Current Account Balance as Percentage of GDP (%), 2010-2014
Figure 5: Lebanese Unemployment Rate, 2010-2019
Figure 6: Lebanese Population by Age Group, 1991-2025
Figure 7: Lebanese Reinsurance - Premium Accepted (LBP Billion), 2010-2014
Figure 8: Lebanese Reinsurance - Premium Accepted (LBP Billion), 2014-2019
Figure 9: Lebanese Reinsurance- Premium Ceded by Type of Insurance (LBP Billion), 2010-2019
Figure 10: Lebanese Reinsurance- Premium Ceded Dynamics by Type of Insurance, 2010-2019
Figure 11: Lebanese Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Figure 12: Lebanese Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Figure 13: Lebanese Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Figure 14: Lebanese Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Figure 15: Lebanese Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
Figure 16: Lebanese Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Figure 17: Lebanese Frequency of Hazards by Type, 1990-2014
Figure 18: Lebanese Mortality of Hazards by Type, 1990-2014
