Insurance in the Mediterranean Markets

In the past insurance markets of the two Mediterranean banks maintained closed relationships. In time, these relations created technical and legal similarities. Today, these relations in the field of operations remain significant. This fact, in spite of important asymmetry related to the level of development, shows the utility of the contribution of the past relations and the current presence. In their progress, the markets of the South could take in the long-term a progressive evolution towards the level of markets of the North, which are mature and whose growth has become marginal. In the challenges of the markets of the South, the distribution of the activities between Life/Non-Life Insurance, which is not related to the income, is fundamental. A strategy and a suitable model of growth should make it possible to obtain results of positive development.