Lebanon: Consolidation crucial to overcoming challenges
Source: Middle East Insurance Review | Aug 2022
The insurance industry in Lebanon is going through challenging times with players facing difficulties with the business environment and reinsurers cutting capacity and/or redeploying it to other more stable markets. LIA Assurex Insurance’s Mr Labib Nasr sheds some light on the challenges direct players experience when it comes to ceding business to reinsurers and how M&A can help overcome them.
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