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, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $1,078
Life premiums 434
Total premiums $1,513
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company LBP Mn USD Mn
Medgulf 185,586.7 123.1
AXA M.E. 140,386.1 93.1
Bankers 128,686.1 85.4
Libano-Suisse 94,669.7 62.8
Fidelity 84,084.6 55.8
Allianz SNA 82,979.7 55.0
Arope 82,209.9 54.5
LIA (Lib-Arabe) 71,517.1 47.4
Al-Mashrek 57,383.7 38.1
Assurex 43,897.8 29.1

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

 

  Gross written premiums
Company LBP Mn USD Mn
ALICO - MetLife 116,020.7 77.0
Allianz SNA 83,896.8 55.7
Bancassurance 81,638.1 54.2
Arope 65,536.4 43.5
LIA (Lib-Arabe) 61,860.2 41.0
Adonis (ADIR) 51,420.1 34.1
Sogecap 19,725.8 13.1
Medgulf 17,960.3 11.9
Credit Libanais 17,571.5 11.7
Bankers 15,952.3 10.6

Source: Axco Insurance Information Services.

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