Impressive jump in insurance premiums

The Syrian insurance sector has 13 companies whose development has been staggering. The market turnover will reach 400 million USD in late 2010. For the third quarter of 2010, the production volume reached 103 million USD, that is, an increase of 24.71% over the same period in 2009. The classes of business experiencing the most substantial developments are health insurance (+120%), life (60.35%), fire (54.89%) and engineering (+26%). In contrast, marine was down by 22.48%.