Latest News
07/04/2020
Ministry of Economy asks insurers to cover COVID-19
Lebanese Minister of Economy, Mr Raoul Nehme, called on insurance companies to cover COVID-19 in their insurance plans, stressing the need for "all parties to play their part in providing appropriate support
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07/04/2020
All insurance firms will cover coronavirus patients
All the insurance companies in the country will fully cover policyholders that are being treated for coronavirus infection, said Elie Torbey Chairman of the Association of Insurance Companies (ACAL).
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23/03/2020
Ruling on Lebanon debt insurance paves way for $400m payout
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.
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16/03/2020
CORONAVIRUS update for travel and healthcare insurance products
COVID-19, the disease caused by the 2019 Novel Coronavirus is a known and rapidly evolving epidemic that is affecting travel worldwide, with continued spread and impacts expected.
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06/03/2020
Lebanese Insurance Market Faces Mounting Uncertainty
Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment.
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08/12/2019
INSURIA Appoints New General Manager Ali Noureddine
INSURIA has announced the appointment of its new General Manager Ali Y. Noureddine, effective from October 1, 2019. Mr. Noureddine graduated from the Lebanese University – Faculty of Business Administration.
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18/11/2019
GAIF aims to raise technical standards
The General Arab Insurance Federation (GAIF) is working on improving technical standards among its members, according to Mr Chakib Abouzaid, the secretary general of the organisation.
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04/11/2019
The cyber insurance market in 2019
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.
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