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Insuring Lebanon

by Thomas Schellen

Executive sits down to talk shop with Max Zaccar, who was elected in May 2015 to be the president of the Association des Compagnies d’Assurances au Liban (ACAL), the association of the Lebanese insurance industry. E   How do you assess the situation in the insurance sector in the year to date? The figures show that we had a 6 percent increase in our premium income in the first quarter. It was less in the second quarter and growth dropped back to 1 percent but I believe we will end the year with an increase of at least 3 or 4 percent, as we did in 2014. E   Did you see any areas where demand or market responsiveness to insurance fluctuated in the economic environment of 2015? As insurance companies we follow the development of the economy and the economy has been developing in 2015, so in fact we

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