Non-Life Insurance in Lebanon Key Trends and Opportunities to 2020

 


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Abstract

 
Timetric's 'Non-Life Insurance in Lebanon Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Lebanese non-life insurance segment, and a comparison of the Lebanese insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011-2015) and forecast period (2015-2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Lebanese economy and demographics, explains the various types of natural hazard and their impact on the Lebanese insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.
 

Description

Timetric's 'Non-Life Insurance in Lebanon Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Lebanese non-life insurance segment, including:

o The Lebanese non-life segment outlook by product category

o A comprehensive overview of the Lebanese economy and demographics

o A comparison of the Lebanese non-life insurance segment with its regional counterparts

o The various distribution channels in the Lebanese non-life insurance segment

o Detailed analysis of natural hazards and their impact on the Lebanese insurance industry

o Details of the competitive landscape in the non-life insurance segment in Lebanon

o Details of regulatory policy applicable to the Lebanese insurance industry
 

Report Source Information

Supplied by: Research and Experts 
Date Published: 2017-07-31 

Report: Non-Life Insurance in Lebanon Key Trends and Opportunities to 2020

 

Contents

1 KEY FACTS AND HIGHLIGHTS
2 EXECUTIVE SUMMARY
3 ECONOMY AND DEMOGRAPHICS
4 SEGMENT OUTLOOK
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Policies sold
4.2.3 Claims
4.2.4 Profitability
4.2.5 Assets and investments
5 OUTLOOK BY CATEGORY
5.1 Property Insurance
5.1.1 Product overview
5.1.2 Premium
5.1.3 Policies sold
5.1.4 Claims
5.1.5 Profitability
5.2 Motor Insurance
5.2.1 Product overview
5.2.2 Premium
5.2.3 Policies sold
5.2.4 Claims
5.2.5 Profitability
5.3 Liability Insurance
5.3.1 Product overview
5.3.2 Premium
5.3.3 Policies sold
5.3.4 Claims
5.3.5 Profitability
5.4 Marine, Aviation and Transit Insurance
5.4.1 Product overview
5.4.2 Premium
5.4.3 Policies sold
5.4.4 Claims
5.4.5 Profitability
6 DISTRIBUTION CHANNEL OUTLOOK
6.1 Analysis by Distribution Channel
6.1.1 Brokers
6.1.2 Agencies
6.1.3 Direct marketing
6.1.4 Bancassurance
6.1.5 E-commerce
7 NATURAL AND MAN-MADE HAZARDS
7.1 Flooding
7.2 Storms
7.3 Earthquakes
7.4 Wildfires
7.5 Man-made Hazards
7.6 Exposure
8 COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 The Mediterranean and Gulf Insurance and Reinsurance Company - company overview
8.1.2 Bankers Assurance Company - company overview
8.1.3 Axa Middle East Insurance Company - company overview
8.1.4 Fidelity Assurance & Reinsurance Company - company overview
8.1.5 Libano-Suisse Insurance Company - company overview
9 GOVERNANCE, RISK AND COMPLIANCE
9.1 Legislation Overview and Historical Evolution
9.2 Latest Changes in Regulation
9.3 Legislation and Market Practice by Type of Insurance
9.3.1 Life insurance
9.3.2 Property insurance
9.3.3 Motor insurance
9.3.4 Liability insurance
9.3.5 Marine, aviation and transit insurance
9.3.6 Personal accident and health insurance
9.4 Compulsory Insurance
9.4.1 Motor third-party liability insurance (bodily injury only)
9.4.2 Work injury cover scheme
9.4.3 Universal health cover scheme
9.4.4 Liability for ship owners in respect of oil pollution
9.5 Supervision and Control
9.5.1 International Association of Insurance Supervisors
9.5.2 Insurance Control Commission
9.5.3 Association des Compagnies d'Assurances au Liban
9.6 Non-Admitted Insurance Regulations
9.6.1 Overview
9.6.2 Intermediaries
9.6.3 Market practices
9.6.4 Fines and Penalties
9.7 Company Registration and Operations
9.7.1 Type of insurance organization
9.7.2 Establishing a local company
9.7.3 Foreign ownership
9.7.4 Types of license
9.7.5 Capital requirements
9.7.6 Solvency margin
9.7.7 Reserve requirements
9.7.8 Investment regulations
9.7.9 Statutory return requirements
9.7.10 Fee structure
9.8 Taxation
9.8.1 Insurance premium or policy taxation
9.8.2 Withholding taxes on premium paid overseas
9.8.3 Corporate tax
9.8.4 VAT
9.8.5 Captives
9.9 Legal System
9.9.1 Introduction
9.9.2 Access to court
9.9.3 Alternative dispute resolution
10 DATABOOK
10.1 Policies and Premium
10.2 Claims and Expenses
10.3 Assets and Investments
10.4 Direct Marketing and E-Commerce
10.5 Insurance Brokers and Agencies
10.6 Property Insurance
10.7 Property Insurance by Product
10.8 Motor Insurance
10.9 Motor Insurance by Product
10.1 Liability Insurance
10.11 Marine, Aviation and Transit Insurance
11 DEFINITIONS AND METHODOLOGY
11.1 Definitions
11.2 Methodology
12 ABOUT TIMETRIC
12.1 Contact Timetric
12.2 About Timetric
12.3 Timetric's Services
12.4 Disclaimer
 

List of Tables

Table 1: Lebanese Non-Life Insurance - Key Facts, 2015
Table 2: Lebanese Non-Life Insurance - Segment Shares of the Top Insurers, 2015
Table 3: Lebanese Government Credit Ratings
Table 4: Lebanese Non-Life Insurance - Gross Written Premium (LBP Billion and US$ Billion), 2011-2015
Table 5: Lebanese Non-Life Insurance - Penetration (%), 2011-2015
Table 6: Lebanese Non-Life Insurance - Gross Written Premium (LBP Billion and US$ Billion), 2015-2020
Table 7: Lebanese Non-Life Insurance - Penetration (%), 2015-2020
Table 8: Lebanese Non-Life Insurance - Premium per Capita (LBP and US$), 2011-2015
Table 9: Lebanese Non-Life Insurance - Premium per Capita (LBP and US$), 2015-2020
Table 10: Lebanese Non-Life Insurance - Number of Policies Sold (Thousand), 2011-2015
Table 11: Lebanese Non-Life Insurance - Number of Policies Sold (Thousand), 2015-2020
Table 12: Lebanese Non-Life Insurance - Paid Claims (LBP Billion and US$ Billion), 2011-2015
Table 13: Lebanese Non-Life Insurance - Paid Claims (LBP Billion and US$ Billion), 2015-2020
Table 14: Lebanese Non-Life Insurance - Profitability Ratio (%), 2011-2015
Table 15: Lebanese Non-Life Insurance - Profitability Ratio (%), 2015-2020
Table 16: Lebanese Non-Life Insurance - Total Assets (LBP Billion and US$ Billion), 2011-2015
Table 17: Lebanese Non-Life Insurance - Total Assets (LBP Billion and US$ Billion), 2015-2020
Table 18: Lebanese Non-Life Insurance - Total Investment Income (LBP Million and US$ Million), 2011-2015
Table 19: Lebanese Non-Life Insurance - Total Investment Income (LBP Million and US$ Million), 2015-2020
Table 20: Lebanese Non-Life Insurance - Investment Portfolio (LBP Billion), 2011-2015
Table 21: Lebanese Non-Life Insurance - Investment Portfolio (LBP Billion), 2015-2020
Table 22: Lebanese Non-Life Insurance - Direct Written Premium by Category (LBP Billion), 2011-2015
Table 23: Lebanese Non-Life Insurance - Direct Written Premium by Category (LBP Billion), 2015-2020
Table 24: Lebanese Property Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2015
Table 25: Lebanese Property Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2015-2020
Table 26: Lebanese Property Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2015
Table 27: Lebanese Property Insurance - Number of Policies Sold by Sub-Category (Thousand), 2015-2020
Table 28: Lebanese Property Insurance - Paid Claims (LBP Million and US$ Million), 2011-2015
Table 29: Lebanese Property Insurance - Paid Claims (LBP Million and US$ Million), 2015-2020
Table 30: Lebanese Property Insurance - Loss Ratio (%), 2011-2015
Table 31: Lebanese Property Insurance - Loss Ratio (%), 2015-2020
Table 32: Lebanese Motor Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2015
Table 33: Lebanese Motor Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2015-2020
Table 34: Lebanese Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2015
Table 35: Lebanese Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2015-2020
Table 36: Lebanese Motor Insurance - Paid Claims (LBP Million and US$ Million), 2011-2015
Table 37: Lebanese Motor Insurance - Paid Claims (LBP Billion and US$ Billion), 2015-2020
Table 38: Lebanese Motor Insurance - Loss Ratio (%), 2011-2015
Table 39: Lebanese Motor Insurance - Loss Ratio (%), 2015-2020
Table 40: Lebanese Liability Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2015
Table 41: Lebanese Liability Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2015-2020
Table 42: Lebanese Liability Insurance - Number of Policies Sold (Thousand), 2011-2015
Table 43: Lebanese Liability Insurance - Number of Policies Sold (Thousand), 2015-2020
Table 44: Lebanese Liability Insurance - Paid Claims (LBP Million and US$ Million), 2011-2015
Table 45: Lebanese Liability Insurance - Paid Claims (LBP Million and US$ Million), 2015-2020
Table 46: Lebanese Liability Insurance - Loss Ratio (%), 2011-2015
Table 47: Lebanese Liability Insurance - Loss Ratio (%), 2015-2020
Table 48: Lebanese Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2015
Table 49: Lebanese Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2015-2020
Table 50: Lebanese Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2011-2015
Table 51: Lebanese Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2015-2020
Table 52: Lebanese Marine, Aviation and Transit Insurance - Paid Claims (LBP Million and US$ Million), 2011-2015
Table 53: Lebanese Marine, Aviation and Transit Insurance - Paid Claims (LBP Million and US$ Million), 2015-2020
Table 54: Lebanese Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
Table 55: Lebanese Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
Table 56: Lebanese Non-Life Segment - Market Shares of Leading Insurers (%), 2015
Table 57: The Mediterranean and Gulf Insurance and Reinsurance Company - Key Facts
Table 58: Bankers Assurance Company - Key Facts
Table 59: Axa Middle East Insurance Company - Key Facts
Table 60: Fidelity Assurance & Reinsurance Company - Key Facts
Table 61: Libano-Suisse Insurance Company - Key Facts
Table 62: Lebanon - Insurance Regulatory Framework Key Features
Table 63: Lebanon - Life Insurance Regulatory Framework
Table 64: Lebanon - Property Insurance Regulatory Framework
Table 65: Lebanon - Motor Insurance Regulatory Framework
Table 66: Lebanon - Liability Insurance Regulatory Framework
Table 67: Lebanon - Third-Party Liability Cover Limits
Table 68: Lebanon - Amendment of Deemed Profit Rates
Table 69: Lebanon - Corporate Tax Rates for the Financial Year 2017
Table 70: Lebanese Insurance Industry - Policies and Premium, 2011-2015
Table 71: Lebanese Insurance Industry - Policies and Premium, 2015-2020
Table 72: Lebanese Non-Life Insurance - Claims and Expenses, 2011-2015
Table 73: Lebanese Non-Life Insurance - Claims and Expenses, 2015-2020
Table 74: Lebanese Non-Life Insurance - Assets and Investments, 2011-2015
Table 75: Lebanese Non-Life Insurance - Assets and Investments, 2015-2020
Table 76: Lebanese Non-Life Insurance - Direct Marketing and E-Commerce, 2011-2015
Table 77: Lebanese Non-Life Insurance - Direct Marketing and E-Commerce, 2015-2020
Table 78: Lebanese Non-Life Insurance - Insurance Brokers and Agencies, 2011-2015
Table 79: Lebanese Non-Life Insurance - Insurance Brokers and Agencies, 2015-2020
Table 80: Lebanese Non-Life Insurance - Property Insurance, 2011-2015
Table 81: Lebanese Non-Life Insurance - Property Insurance, 2015-2020
Table 82: Lebanese Non-Life Insurance - Property Insurance by Product, 2011-2015
Table 83: Lebanese Non-Life Insurance - Property Insurance by Product, 2015-2020
Table 84: Lebanese Non-Life Insurance - Motor Insurance, 2011-2015
Table 85: Lebanese Non-Life Insurance - Motor Insurance, 2015-2020
Table 86: Lebanese Non-Life Insurance - Motor Insurance by Product, 2011-2015
Table 87: Lebanese Non-Life Insurance - Motor Insurance by Product, 2015-2020
Table 88: Lebanese Non-Life Insurance - Liability Insurance, 2011-2015
Table 89: Lebanese Non-Life Insurance - Liability Insurance, 2015-2020
Table 90: Lebanese Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
Table 91: Lebanese Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
Table 92: Insurance Industry Definitions
 

List of Figures

Figure 1: Lebanese Real GDP (LBP Trillion), and Annual Growth (%) 2011-2020
Figure 2: Lebanese Consumer Price Inflation (%), 2011-2020
Figure 3: Lebanese Current Account Balance as Percentage of GDP (%), 2011-2015
Figure 4: Lebanese Unemployment Rate, 2011-2020
Figure 5: Lebanese Population by Age Group, 1991-2025
Figure 6: Lebanese Non-Life Insurance Penetration - Regional Comparison (%), 2015
Figure 7: Lebanese Insurance Segment Direct Written Premium Shares - Regional Comparison (%), 2015
Figure 8: Lebanese Non-Life Insurance - Gross Written Premium (LBP Billion), 2011-2020
Figure 9: Lebanese Non-Life Insurance - Penetration (%), 2011-2020
Figure 10: Lebanese Non-Life Insurance - Premium per Capita (LBP), 2011-2020
Figure 11: Lebanese Non-Life Insurance - Number of Policies Sold (Thousand), 2011-2020
Figure 12: Lebanese Non-Life Insurance - Paid Claims (LBP Billion), 2011-2020
Figure 13: Lebanese Non-Life Insurance - Profitability Ratio (%), 2011-2020
Figure 14: Lebanese Non-Life Insurance - Total Assets (LBP Billion), 2011-2020
Figure 15: Lebanese Non-Life Insurance - Total Investment Income (LBP Million), 2011-2020
Figure 16: Lebanese Non-Life Insurance - Investment Portfolio (LBP Billion), 2011-2020
Figure 17: Lebanese Non-Life Insurance - Investment Portfolio Dynamics by Category, 2011-2020
Figure 18: Lebanese Non-Life Insurance - Direct Written Premium by Category (LBP Billion), 2011-2020
Figure 19: Lebanese Non-Life Insurance - Direct Written Premium Dynamics by Category, 2011-2020
Figure 20: Lebanese Property Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2020
Figure 21: Lebanese Property Insurance - Direct Written Premium Dynamics by Sub-Category, 2011-2020
Figure 22: Lebanese Property Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2020
Figure 23: Lebanese Property Insurance - Paid Claims (LBP Million), 2011-2020
Figure 24: Lebanese Property Insurance - Earned Premium, Incurred Loss and Loss Ratio (LBP Billion and %), 2011-2020
Figure 25: Lebanon - Passenger Cars by Country of Origin (Percentage Share), 2016
Figure 26: Lebanon - Total Vehicle Sales, 2011-2016
Figure 27: Lebanese Motor Insurance - Direct Written Premium by Sub-Category (LBP Billion), 2011-2020
Figure 28: Lebanese Motor Insurance - Direct Written Premium Dynamics by Sub-Category, 2011-2020
Figure 29: Lebanese Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2020
Figure 30: Lebanese Motor Insurance - Paid Claims (LBP Million), 2011-2020
Figure 31: Lebanese Motor Insurance - Earned Premium, Incurred Loss and Loss Ratio (LBP Billion and %), 2011-2020
Figure 32: Lebanese Liability Insurance - Direct Written Premium (LBP Billion), 2011-2020
Figure 33: Lebanese Liability Insurance - Number of Policies Sold (Thousand), 2011-2020
Figure 34: Lebanese Liability Insurance - Paid Claims (LBP Million), 2011-2020
Figure 35: Lebanese Liability Insurance - Earned Premium, Incurred Loss and Loss Ratio (LBP Billion and %), 2011-2020
Figure 36: Lebanese Goods Exports and Imports (LBP Trillion), 2011-2015
Figure 37: Lebanese Marine, Aviation and Transit Insurance - Direct Written Premium (LBP Billion), 2011-2020
Figure 38: Lebanese Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2011-2020
Figure 39: Lebanese Marine, Aviation and Transit Insurance - Paid Claims (LBP Million), 2011-2020
Figure 40: Lebanese Marine, Aviation and Transit Insurance - Earned Premium, Incurred Loss and Loss Ratio (LBP Million and %), 2011-2020
Figure 41: Lebanese - Frequency of Hazards by Type, 1990-2014
Figure 42: Lebanese Mortality by Hazards Type, 1990-2014
Figure 43: Lebanese Economic Loss by Hazards Type, 1990-2014
Figure 44: Lebanese Non-Life Insurance - Segment Shares of the Leading Insurers (%), 2015
Figure 45: Lebanon - Insurance Supervision and Control at Various Levels
Figure 46: Lebanon - Insurance Regulatory Frameworks for Company Registration and Operation
 

Scope

This report provides a comprehensive analysis of the non-life insurance segment in Lebanon:

o It provides historical values for the Lebanese non-life insurance segment for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

o It offers a detailed analysis of the key categories in the Lebanese non-life insurance segment, and market forecasts to 2020.

o It provides a comparison of the Lebanese non-life insurance segment with its regional counterparts

o It analyzes the various distribution channels for non-life insurance products in Lebanon.

o It analyzes various natural hazards and their impact on the Lebanese insurance industry

o It profiles the top non-life insurance companies in Lebanon, and outlines the key regulations affecting them.

 

Highlights

o In 2017, a memorandum of understanding (MoU) was signed between the Egyptian International Trade Point and the Lebanese Trade Information Center for the exchange of information on products and services.

o In January 2017, the Central Bank of Lebanon reduced the bank loan interest rate from 5.0% to 3.0%, which will increase property purchases and generate business for insurers.

o In July 2016, construction activity increased by 21.5%, due to the improved political situation and reduced interest rates on loans.

o In 2015, cybercrime-related loss was valued at LBP18.1 billion (US$12.0 million).

o The Lebanese insurance industry comprises many small and medium insurers, due to low minimum paid-up capital of LBP2.2 billion (US$1.5 million).

 

Classification

Language Code: EN 
Region: Lebanon 
Report Type: Industry Report 
Industry: Service Industries 
Sector: Life Insurance 
Pages: 122 

Companies Featured

The Mediterranean & Gulf Insurance & Reinsurance Co. Bankers Assurance Axa Middle East Fidelity Assurance & Reinsurance Company Libano-Suisse Insurance SAL Allianz SNA (Société Nationale d'Assurances) LIA Insurance SAL Arope Insurance Continental Trust Insurance & Reinsurance Company AL Mashrel Insurance & Reinsurance SAL

 

Reasons to buy this report

o Make strategic business decisions using in-depth historic and forecast market data related to the Lebanese non-life insurance segment, and each category within it.

o Understand the demand-side dynamics, key market trends and growth opportunities in the Lebanese non-life insurance segment.

o Assess the competitive dynamics in the non-life insurance segment.

o Identify growth opportunities and market dynamics in key product categories.

o Gain insights into key regulations governing the Lebanese insurance industry, and their impact on companies and the industry's future.
 

Non-Life Insurance in Lebanon Key Trends and Opportunities to 2020

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Regional Information

Taxonomy

Branch ID: 1451

Taxonomy Location

The taxonomy on the left shows the ancestors of the Lebanon node. This provides an insight into parent categories that may provide reports or articles that may compliment this report. The number in brackets after the node name indicates the number of reports that Research and Experts currently have in the parent category.

Clicking on a parent category will present the list of reports in the parent node in a separate window.

Lebanon

The Lebanese Republic is located in the Middle East and is bordered by Syria and Israel. Years of political instability have followed a long civil war from 1975 to 1990.

A small, laissez-faire economy, Lebanon experienced substantial growth during the world-wide recession 2008-2011, but it has stagnated since then – GDP at the end of 2013 was 1%. Instability in neighbouring Syria has had a large part to play in this with Lebanon hosting over one million refugees representing over a fifth of its population. Enormous, and growing, demand for public services may further worsen an already substantial fiscal deficit.

Its keys exports are gold, diamonds and jewellery and some of its key trading partners are Switzerland, South Africa, USA and Italy. Lebanon’s tourism industry has however been hit badly by the Syrian crisis.

Researchandexperts.com is a leading source of market research on the Lebanese Republic.

 

World Bank and Lebanese Republic-- http://data.worldbank.org/country/lebanon

OECD and Lebanese Republic-- http://www.oecd.org/countries/lebanon/

Lebanon and the IMF-- http://www.imf.org/external/country/lbn/index.htm

http://www.doingbusiness.org/data/exploreeconomies/lebanon/

https://www.cia.gov/library/publications/the-world-factbook/geos/le.html

Lebanon

Middle East

Region

 

Asia

Continent

Asia

Country

Countries

 

Industry Sector Information

Taxonomy

Branch ID: 1989

Taxonomy Location

The taxonomy on the left shows the ancestors of the Life Insurance node. This provides an insight into parent categories that may provide reports or articles that may compliment this report. The number in brackets after the node name indicates the number of reports that Research and Experts currently have in the parent category.

Clicking on a parent category will present the list of reports in the parent node in a separate window.

Insurance

The insurance industry is facing many challenges in todays environment. Insurance companies need to adapt to the latest legislation and regulations which are slowing growth in many regions, manage high costs of doing business and identify new growth markets. 

Research and Experts provide companies with the information and analysis they need to grow their business. Our reports provide information on the industry on a global level and also at a regional and country level.

 

Industry Associations

Global Federation of Insurance Associations

American Insurance Association

British Insurance Brokers Association

 

Financial Services

Financial services are the services provided by the finance industry and include banking services, insurance services, real estate services and investment services. Since the recession began in 2008/09 banking services in many European countries and the US  have been a drag on the financial services sector due to non-performing loans. Financial services is set for a strong year in 2014 as the economy improves. The US is bullish about increasing loans, more mergers, acquisitions and IPO's and higher commodity prices which will all benefit this sector. 

Research and Experts provide a range of reports on the financial services sector with information on leading companies, best trading partners, best performing companies, market size etc.

Useful Links

The Fiancial Services Authority (UK)

The British Banking Association

The International Banking Federation

American Bankers Association

European Banking Federation

Financial Services

Service Industries

Our Service Industries reports cover the areas of Business Services, Financial Services, Tourism and Leisure, Consumer Services and the Public Sector. A strong services sector is an indicator of a well developed economy. Examples of economies with a strong services sector include US, UK, Luxembourg, Switzerland and Australia.

Researchandexperts.com is a reliable source of business intelligence reports from leading publishers on the service sector economy. Industries covered by us include IT services, banking, insurance, travel, media services etc. 

Companies in the services sector require competitive intelligence which will give them keen insights into market size, best trading partners, financial analysis and company rankings. A recent report by Plimsoll on the advertising industry reviewed 500 of the largest agents in this sector. ARENA BLM LIMITED was identified as being among the fastest growing companies while  UNIVERSAL MCCANN GMBH was selected as a best trading partner.    

Service Industries

Industry

Industries

 

 

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