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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Insurance

Banks barred from insurance. Brokers are likely to benefit most. News from Lebanon

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The Central Bank (BDL) has instructed banks and financial institutions not to engage in insurance or reinsurance activities or market and advertise insurance contracts.

Insurance companies owned by banks can continue their business operation….
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Insurance premiums will grow by 25 percent till 2017. Regional stability would find new growth opportunities for insurance companies

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Insurance premiums are expected to grow at an annual average between 20 percent and 25 percent in the upcoming two years, up from an annual average of five percent to six percent currently, according to experts in the industry.

“The insurance….
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