Al-Hussein: Insurance Premium Growth by 4.36 % in Third Quarter of 2009.Damascus Damascus (dəmăs`kəs), Arabic Dimashq or ash-Sham, city (1995 est. pop. 1,500,000), capital of Syria and of its Damascus governorate, SW Syria, on the eastern edge of the Anti-Lebanon Mts. , (SANA)- Insurance premiums have increased by 4, 36 % during the third quarter of 2009 over the same period last year, said Mohammad Noun 1. Mohammad - the Arab prophet who, according to Islam, was the last messenger of Allah (570-632) Mahomet, Mahound, Mohammed, Muhammad al-Hussein, Minister of Finance and Head of the Syrian InsuranceAaSupervision Commission. The amount of insurance premiums has increased by 15, 33 %, rising from S.P. 9, 042 billion to S.P. 10, 428 billion between January and September 2009. Al-Hussein added in a statement to SANA on Thursday that there has been a growth in most of the insurance institutions, with flight, health and life insurance hitting record high. Syrian General Insurance Establishment is still number one in the market, where insurance premiums have risen by 30 %, making 48, 6 market share, he indicated."These indications signal recovery of the Syrian insurance sector having not been affected by the global financial crisis," al-Hussein said, "and our goal is for the insurance premiums to exceed USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 500 million annually to keep up with the Syrian economic volume and the number of population." Haifa Said /Kh.Aridi International Copyright 2006-2009, SANA Provided by Syndigate.info an Albawaba.com company |
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