News Middle East05 Aug 2021

Lebanon:Insurers pay out less than 10% of claims 12 months after Beirut Port blast

05 Aug 2021

Of an estimated $1.1bn in insured losses caused by the 4 August 2020 Beirut Port explosion, only about $100m have been paid to date, according to Mr Assaad Mirza, a board member of the Association of Insurance Companies of Lebanon and the chief executive of Capital Insurance & Reinsurance.

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