Arab Re
![]() | DATE OF CREATION: 11 March 1972, Lebanon |
CLASS OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONES: Middle East and Maghreb |
Arab Re : contact
Address : Arab Re's Bldg., Maarad Street, Beirut Central District, P.O. Box: 9060, Beyrouth, Lebanon |
Tel : +961 1 989500-983 |
Fax: +961 1 985154 / 985155 |
Email : arabre [at] arabre [dot] com |
Website : www.arabre.com |
Arab Re : Rating
Agency | Rating | Outlook |
A.M.Best | B- | Negative |
Arab Re : Main indicators
In thousands USD2018 | 2019 | 2020 | |
Turnover | 67 855 | 69 253 | 60 267 |
Shareholder’s equity | 104 589 | 97 309 | 99 360 |
Net result | 5 508 | -3 114 | 2 350 |
Arab Re : Turnover by class of business
In thousands USDPremiums 2019 | Premiums 2020 | Parts 2020 in % | |
Fire | 23 962 | 22 299 | 37.0% |
Accident | 28 601 | 16 332 | 27.1% |
Marine | 5 610 | 5 846 | 9.7% |
Engineering | 7 202 | 5 665 | 9.4% |
Total non life | 65 375 | 50 142 | 83.2% |
Life | 3 878 | 10 125 | 16.8% |
Grand total | 69 253 | 60 267 | 100% |
Arab Re : Capital and shareholding
Shareholding* | In % |
Barakat Gulf ventures (Bahreïn) | 22.16% |
Libya Insurance Company (Libya) | 7.99% |
Misr for Insurance Life (Egypt) | 6.27% |
Misr Insurance Company (Egypt) | 5.11% |
Société Centrale de réassurance (Morocco) | 5.06% |
Gulf Insurace Group (Kuwait) | 4.57% |
Others | 48.84% |
* Shareholding at 31/12/2017
Arab Re : Technical ratios
2018 | 2019 | 2020 | |
Net loss ratio | 70% | 71.1% | 72.6 |
Management expenses ratio* | 36% | 34.6% | 31.4% |
Net combined ratio | 106% | 105.7% | 104.0% |
* Source AM Best
Arab Re : management
Sheikh Khaldoun Barakat | Chairman of the board |
Hussein Mallouk | General manager |
Salim Kojok | Assistant general manager administration |
Jean Marie Naaman | Deputy head of technical departement |
Nehme Araman | Underwriting non life director |
Read also | Lebanese insurance companies

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