Lebanon

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Insurance Association
Association des Compagnies d'Assurances au Liban
Web: www.acal.org.lb

 

POPULATION, 2011-2014 (1)

Year Population
2011 4,143,101
2012 4,140,289
2013 4,131,583
2014 5,882,562

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $44.1
2010 47.8
2011 58.7
2012 61.6
2013 64.3

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $1,005
Life premiums 469
Total premiums $1,475
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

View Archived Tables

 

 

LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company LBP Mn USD Mn
Medgulf  160,756.0 106.6
Bankers  123,834.7 82.2
AXA M.E.  119,384.5 79.2
Libano-Suisse  95,466.3 63.3
Arope  80,492.1 53.4
Allianz SNA  76,618.9 50.8
Fidelity  74,008.1 49.1
LIA (Lib-Arabe)  60,349.6 40.0
Al-Mashrek  51,560.9 34.2
Arabia  42,960.4 28.5

Source: Axco Insurance Information Services.

View Archived Tables

 

 

LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company LBP Mn USD Mn
ALICO - Metlife  113,202.3 75.1
Allianz SNA  79,678.8 52.9
Bancassurance  70,906.0 47.0
LIA (Lib-Arabe)  62,096.6 41.2
Arope  59,561.9 39.5
Adonis (ADIR)  46,675.2 31.0
Medgulf  19,771.7 13.1
Sogecap  17,647.4 11.7
Credit Libanais  15,074.9 10.0
Bankers  11,522.7 7.6

Source: Axco Insurance Information Services.