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Lebanon tag returned 108 results

  • Lebanon: Chedid Capital's risk management institute launches second cohort of professional certificate course

    CRMI (Corporate Risk Management Institute), IRM London (Institute of Risk Management), and ESA (École Supérieure des Affaires) Business School, have announced the launch of the second cohort of their joint Certificate in Risk Management for Insurance and Reinsurance Professionals.

    Middle East | 15 Feb 2024
  • Lebanon: AWRIS places Lebanon on "Hold cover" status

    The Arab War Risk Insurance Syndicate (AWRIS) has placed Lebanon on "Hold cover" status, given heightened risks in the wake of the outbreak of war between Hamas and Israel.

    Middle East | 22 Nov 2023
  • Lebanon: Gross premiums of insurance market reach US$1.6bn in 2022

    Gross insurance premiums of the 46 insurance companies operating in Lebanon totalled LBP2,456.4bn ($1.6bn) in 2022, falling by 4.5% from LBP2,573.1bn in 2021, according to figures released by the Insurance Control Commission (ICC) under the Ministry of the Economy.

    Middle East | 16 Nov 2023
  • GlobeMed launches 2023 healthcare coding & information studies for insurance professionals and others

    GlobeMed Group, provider of healthcare benefits services, and the Beirut-based Higher Institute of Public Health (ISSP) at Saint Joseph University have announced the launch of two tailored diploma programmes in Clinical Coding and Health Information Analysis for 2023.

    Middle East | 05 Nov 2023
  • Hamas-Israel war spills over into Lebanese insurance market

    A major change in the insurance market in Lebanon is that war risks are no longer covered by new insurance policies, since the outbreak on 7 October of war between Hamas and Israel, according to Mr Assaad Mirza, the president of the Association of Insurance Companies in Lebanon (ACAL).

    Middle East | 26 Oct 2023
  • Chedid Capital expands with London acquisition

    Chedid Europe Insurance & Reinsurance Brokerage, a subsidiary of Lebanon-headquartered Chedid Capital, has announced the acquisition of 100% of the share capital of UK-based Trilogy Managing General Agents (Trilogy MG) from Resolution Underwriting Holdings, keeping pace with its strategy to grow its business in the United Kingdom while expanding its operations around the globe.

    Middle East | 13 Sep 2023
  • Lebanon: Arab Re posts profits in 4 of the previous 5 years

    Arab Reinsurance Company (Arab Re) has recorded profitable operating results in four of the past five years, with a weighted average return on equity of 3% (2018-2022), points out AM Best.

    Middle East | 03 Sep 2023
  • Lebanon: Life premiums plunge by 32% to US$250m in 2022

    Total life premiums generated by 26 providers of life insurance in the Lebanese market reached $249.8m in 2022, constituting a decline of 32.4% from $369.3m in 2021, according to the bulletin "Lebanon This Week" published by the Economic Research & Analysis Department of Byblos Bank.

    Middle East | 17 Jul 2023
  • Lebanon: Digital transformation needed in healthcare

    There is a need to formulate a national vision for comprehensive digital transformation in the health sector in Lebanon, participants of a forum on the health sector have learnt.

    Middle East | 04 Jun 2023
  • Lebanon: Budding interest in home insurance in wake of Turkish earthquakes

    The interest of some Lebanese in home insurance has risen, leading to an increase in the demand for such coverage in recent weeks, in the wake of the devastating 6 February earthquakes in Turkiye and Syria, with tremors felt too in Lebanon.

    Middle East | 07 Mar 2023