Insurance articles

Executive Magazine’s April/May issue

Executive Magazine’s April/May issue

Reading Time: 2 minutes The lockdown in Lebanon has been extended for a fourth time, till May 24. Easing measures are seeing those who can slowly reopen businesses and try to get back to work. But protests have also sprung anew. The reality is for many, there was no work before the lockdown began, and there will be none

Confused outlook on insurance coverage for Lebanese COVID-19 patients

Reading Time: 5 minutes In the immediacy of the coronavirus crisis, the most pertinent insurance question for the holder of a medical policy is simple: Who will pay if I need to be hospitalized?  The answer, as with many things in Lebanon, depends. According to Nadine Habbal, acting head of Lebanon’s Insurance Control Commission, slightly more than half of

Q&A with Nadine Habbal, acting head of the Insurance Control Commission

Reading Time: 5 minutes Lebanon’s insurance sector is highly fragmented, featuring extreme competition between small local players, bank-affiliate insurers, providers that are parts of multinational insurance giants, and—outside of the regulated sphere of commercial insurance companies—even quasi-insurers with competitive privileges that are categorized as mutual funds. The diverse and overpopulated sector, mired in opacity of companies, has not been

Health insurance in times of chronic diseases

Reading Time: 14 minutes For all the good that numbers can do for explaining economic and social trajectories, statistics provide limited utility. This is exacerbated into rapidly decreasing utility when social and economic issues are of immense complexity and have divergent, contradictory, or confusing data points attached to them. Things get even worse when an issue extends beyond economic