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…
Author
Ibrahim Muhanna
Ibrahim Muhanna
Ibrahim Muhanna is the managing director of i.e. Muhanna & co and president of the Lebanese Association of Actuaries
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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…