Market spotlight

Lebanon

Strong foundations critical for turbulent times

After a series of catastrophes beginning with the Port of Beirut explosions in 2020 and ongoing regional conflict, the Lebanese reinsurance market is now in a hard market phase.

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Lebanon's insurers hope new government updates regulations

With regulations governing Lebanon’s insurance sector being updated last in 1999, there is now a pressing need for laws that reflect current practice. Optimism is now in the air, as insurers have maintained a strong relationship with the regulator and a new government has been formed.

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Lessons from Lebanon on the value of volatility

The Lebanese economy has had its fair share of struggles over the past few years, but the insurance industry managed to stay the course and adapt its business to maintain profitability and growth.

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Lebanon's medical insurance premiums climb amid inflation and dollarised healthcare costs

Insurers and healthcare providers in Lebanon are grappling with rising global costs and stagnant local incomes, with experts urging a shift from reactive care to preventive models to ensure long-term system resilience and affordability.

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