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, 2011-2015 (1)

Year Population
2011 4,143,101
2012 4,140,289
2013 4,131,583
2014 5,882,562
2015 6,184,701

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $58.7
2012 61.6
2013 64.3
2014 80.5
2015 83.1

(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.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $1,066
Life premiums 455
Total premiums $1,521
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

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Leading Nonlife Insurance Companies, 2014

 

  Gross written premiums
Company LBP Mn USD Mn
Medgulf 179,043.0 118.8
Bankers 159,837.0 106.0
AXA ME 144,572.0 95.9
Libano-Suisse 94,506.0 62.7
Fidelity 90,251.0 59.9
Al Mashrek 86,433.0 57.3
LIA 83,499.0 55.4
Arope 81,293.0 53.9
ALICO - Metlife 57,205.0 38.0
ALIG 44,913.0 29.8

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2014

 

  Gross written premiums
Company LBP Mn USD Mn
ALICO - MetLife 119,629.0 79.4
Bancassurance 91,288.0 60.6
Allianz SNA 87,648.0 58.1
Arope 61,921.0 41.1
LIA (Lib-Arabe) 59,012.0 39.2
Adonis (ADIR) 54,274.0 36.0
Sogecap 21,291.0 14.1
Credit Libanais 19,872.0 13.2
AXA ME 17,072.0 11.3
Bankers 17,034.0 11.3

Source: Axco Insurance Information Services.

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