Lost in the fog Lebanese insurers seek to ward off economic pressures and evil opinion spells The best thing to say about the performance of insurance companies in the year …
Insurance
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The Beirut port explosion on August 4, 2020 resulted in the loss of more than 200 lives, countless wounded, and also massive insured losses now estimated to range between $1 …
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“In 2014, [we will] conduct a series of training courses for our member companies. Having strong and growing skills is the key for the success of our member companies” “We …
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Considering the consistency with which the Lebanese insurance market has contributed to GDP — 3 percent has been the magic number for many years — it would have been remarkable …
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The task of insurance sector supervision in Lebanon is the domain of the Insurance Control Commission, a body attached to the Ministry of Economy and Trade. The ICC team is …
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“The insurance industry has shown its resilience, because it is growing. When we drill down, we see that we have some very good professional companies that have good returns on …
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Fateh Bekdache General manager, Arope Insurance In the early 1990s, bank insurance — insurance underwritten by a bank’s own insurance company and distributed as a bank product — started to …
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Lebanon’s insurers soldier on but struggle to hold onto their market without government assistance. Ignored by the government and plagued by a lack of transparency and an oversaturated market, the …
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The introduction of mandatory insurance legislation by regional governments is seen by many in the industry as the major driver of the regional insurance industry, especially in the GCC. “When …
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The underwriting division of the regional insurance industry is expected to expand substantially over the next year, as companies reeling from the effects of the global financial crisis concentrate more …
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