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Jan 2025

Syria's insurance sector mirrors systemic collapse

Source: Middle East Insurance Review | Jan 2025

The devasting impact of Syria’s 13-year conflict and sanctions on its economy have become evident from the dramatic implosion of its insurance market. Karam Shaar Advisory’s Mr Benjamin Fève compares the Syrian insurance sector before and after its crisis to show how it went from genuine growth to a decline masked by misleading expansion data.
 

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