Investors in credit insurance on Lebanon are set to receive a payout after a binding ruling from a CDS committee.
Up to roughly $400 million of contracts could pay after the heavily indebted nation failed to honor a $1.2 billion Eurobond due earlier this month.
Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment.
According to the 2019 emerging risks barometer, established by the French Federation of Insurance, cyber risk appears to be a major risk for insurance and reinsurance companies.
Under the patronage and in the presence of HE Minister of Economy and Trade Mansour Bteish, Notre Dame University-Louaize, in cooperation with Chedid Re,
GlobeMed Group, the visionary leader in Healthcare Benefits Management in the MENA region, held its 2019 Executive Seminar at Hilton Habtoor Grand Hotel Lebanon
On the occasion of his visit to Lebanon, Thomas Buberl, CEO of the AXA Group, one of the largest global insurers, has welcomed the Group’s presence in Lebanon for 115 years
The Insurance Control Commission organized an introductory lunch for the Minister of Economy and Trade, HE Mr. Mansour Bteich with the insurance sector.
Lebanon’s nonlife insurance companies saw their total premiums in 2018 rise by 3.4 percent to reach $1.17 billion. According to the annual survey by Al-Bayan magazine, the total nonlife premiums generated by 44 insurance companies reached $1.17 billion in 2018
At the end of April, the imposition of rules on guaranteed renewability (GR) in health insurance was introduced to the public under ministerial decree 186, issued by the Ministry of Economy and Trade (MoET). Executive sat down with Nadine Habbal,