A.M. BestTV: Lebanon Insurers Struggle With Fragmented Market, Says A.M. Best Senior Analyst
Rafferty spoke about some of the challenges insurers are facing in
“Some of the key challenges are the fragmented nature of the
Going forward, Rafferty said he believes the market in
“There are a large number of insurers competing for business. Proposed regulatory reforms include increased solvency regulation and more stringent solvency requirements, which if successfully enforced, could lead to market consolidation as smaller companies may seek to combine or merge to meet the scale required to comply with more stringent capital requirements.”
Recent episodes of A.M.BestTV include:
- Pre-, Post-Loss Services Key Elements of Cyber Products,
Says Cyber Panel : A panel of cyber-risk experts discuss where insurers are in using data to create and price cyber products, and say that clients care about much more than financial indemnity: http://www.ambest.com/v.asp?v=moro4418.
- Mutual Insurers Form Tight Bonds With Reinsurers: A panel of insurance and reinsurance executives discusses the increasing role reinsurance is playing in how insurers, particularly mutual insurers, are managing their risks: http://www.ambest.com/v.asp?v=moro3418.
- Growing Global Protectionism Undermines Reinsurance: Insurers and industry leaders say nations that restrict cross-border insurance, manipulate interest rates and react to disasters with short-sighted solutions are limiting insurers’ ability to provide a full range of risk solutions: http://www.ambest.com/v.asp?v=moro2418.
- Mutuals on Reinsurance Rates: What Can't Be Sustained, Won't Be,
Says Expert Panel : A panel of insurers, reinsurers and brokers say 2017's catastrophes brought temporary uncertainty to the market, but there's been little slowdown in reinsurers' pricing wars: http://www.ambest.com/v.asp?v=moro1418.
A.M.BestTV covers exclusive
Copyright © 2018 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180502006007/en/
Group Vice President, Publication and News Services
[email protected]
Source:
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Health Insurance Innovations, Inc.
How to Claim Car Insurance Benefits Without Making a Mistake
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News