Insurance sector drops from 1.6B to 1.1B

The article reveals a decline in the insurance sector's business volume in Lebanon, dropping from approximately $1.6 billion to around $1.1 billion. This decrease is caused by the impacts of the banking crisis and economic turmoil, leading to losses of up to $1 billion in certain insurance sectors. Additionally, the cost of health insurance has risen due to increased hospitalization expenses and medical services.

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