Lebanon's insurance sector can grow at least three times its current size, especially with consolidation, says Mrs Nadine El Habbal Assali, recently appointed as Acting Head of Lebanon's Insurance Control Commission (ICC).
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Elected as President of the Association of Insurance Companies in Lebanon this year, Mr Max Zaccar will lead efforts to promote and improve the sector. He talks about the challenges and tasks ahead, including a plan to establish an oil & energy syndicate.
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With an improving economic outlook for Lebanon, some companies are diversifying their portfolios and working on expansion plans, says Mr Karim Nasrallah, General Manager of the Lebanese Credit Insurer.
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As the regulator of the Lebanese insurance market for a good 13 years, Mr Walid Genadry punched above his weight, having served in various International Association of Insurance Supervisors Committees as well as heading the Arab Forum of Insurance Regulatory Commissions. He reflects on the challenges faced, his track record and regrets over his reign as Insurance Commissioner.
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