The insurance penetration rate in Lebanon for 2014 was $557 premium per capita or 3.3 percent of GDP and very low for personal lines. Hence, there is much room for…
Ibrahim Muhanna

Ibrahim Muhanna
Mr. Muhanna established i.e. Muhanna & co Actuarial and Consultants in 1986, Omnilife Insurance Company in 1988, The Muhanna Foundation in 1994, and i.e. Muhanna & co Rating Services in 2000. He graduated from the University of Michigan in 1976 with an MSc in Actuarial Mathematics and has advised insurers and governments in 37 countries. Since 1995, he has been a member of the International Actuarial Association (IAA) Council and has held various leadership roles within the IAA and other actuarial organizations. In 2007, he was awarded "The National Order of the Cedar" by Lebanon.
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As part of Executive’s ‘10 Ways to Save Lebanon’ issue, we asked leading figures from a range of fields to put the case for one major changes for the country. In…
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“Pending the institution of an old-age insurance scheme, an end-of-service indemnity (EOSI) Fund shall be set up.” So begins article 49 of the 1963 Social Security Law. Run by Lebanon’s…