Latest updates

Insurance Industry Benefits from Merger Regulation

• Lebanon
• 15 October 2003

A law on the merger of insurance companies has had positive effects on an industry which used to be perceived as unreliable and disorganized. As a result of the law, smaller, less efficient insurance companies that struggled to make a profit have been able to survive by merging with larger companies. The industry is now providing higher-quality services and regaining consumer confidence.