Lebanon needs a disaster policy for earthquake risks
Over the past 2,000 years, Lebanon has experienced over 13 major earthquakes. These tremors are a result of the country’s location within an active tectonic system called the Dead Sea Rift,
Category: insurance
THOMAS BUBERL, CEO OF AXA GROUP VISITS LEBANON: WE ARE PROUD OF THE AXA MIDDLE EAST’S PRESENCE IN LEBANON FOR 115 YEARS, AND WE BELIEVE IN THE FUTURE OF LEBANON’S ECONOMY AND THE CONTRIBUTION TO THE INSURANCE MARKET
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
Lebanon: Nonlife insurance premiums up 3.4 pct to $1.2B in 2018
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
Insurance Control Commission (ICC) says Lloyd’s underwriters permitted to appoint coverholders in Lebanon
The Insurance Control Commission (ICC) announced today that Lloyd’s underwriters are permitted to appoint coverholders in Lebanon to write reinsurance business. Intermediaries in Lebanon licensed by the ICC
4 Tips for Driving in Rain
Did you know it only takes 2mm of rain and 56 KMph to hydroplane? The roads are more dangerous when rain comes after a dry spell. (Rain slicks the road with accumulated oil and dirt). But, you just need water.
Acting head of the ICC discusses the state of health insurance in Lebanon
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,
Khoury at launch of Global Cigna Insurance Company operations in Lebanon: Positive developments reinforce Lebanese economy
Minister of Economy and Trade, Raed Khoury, on Wednesday said that the positive political developments in the country reinforce the resilience of the national economy in the face of regional challenges.
5 ways to find an affordable private health insurance plan
It’s a misconception that private health insurance is expensive. After all, how much do you value your health and that of your loved ones? When you are seeking a speedier access to medical professionals, faster diagnosis and treatment
5 Reasons Why You Should Use An Insurance Broker
Getting the right insurance can be a daunting process; and it can be costly too if something goes wrong. In light of this, we have listed 5 reasons why the presence of an insurance broker can benefit you as a policyholder.
Gear Up for Summer Rides with Motorcycle Insurance
Every motorcycle rider knows that the keys to safe riding are staying alert and using the right gear. In addition to your helmet, gloves, and other protective coverings, the most important thing you need in your saddle bags is good motorcycle insurance.
Why Do I Need Restaurant Insurance?
Nearly every establishment involved in selling food and beverages – from take-out restaurants to fine dining facilities, and from coffee cafes to full-service bars – can benefit from a comprehensive restaurant insurance plan.
Can You Afford Not To Have Private Medical Insurance?
Total life premiums generated in the Lebanese market reached $471.1 million in 2015, constituting an increase of 6.2% from $443.7 million. This growth rate compared with annual increases of 5.5% and 7.4% in 2014
Renovating your building
When undertaking a remodeling project, people often forget to review their insurance needs, too. Whether your renovation budget is large or small, you are adding to the value of your home and increasing your exposure to risk.