Best’s Market Segment Report: Lebanese Insurance Market Faces Mounting Uncertainty
In a new Best’s Special Report, “Lebanese Insurance Market Faces Mounting Uncertainty”, AM Best notes that in contrast with the wider
AM Best maintains close contact with the companies it rates in
Since the onset of the social unrest, AM Best-rated insurers have been proactive in implementing appropriate risk management actions. Measures have included triggering partial contingency plans, shifting investment exposure where possible and closely monitoring cash flows to limit the impact of a potential devaluation of the Lebanese pound.
Despite these actions, the mounting level of uncertainty in
To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=295194.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in
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Source: AM Best
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