VOL. XLVII
No 15
12-April-2004
LEBANON
CAPITAL MARKETS
Lebanons Insurance Sector Must Consolidate, Says Saradar Study
There is an unsustainable number of players in Lebanons insurance sector and consolidation is vital warns a study published in March this year by Saradar Investment House, the investment banking arm of the Saradar Group. Entitled The Insurance Sector In Lebanon: Overview & Outlook, the report states that while capital and reserve requirements of the 1999 insurance reform law...
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