Arab Re

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

AgencyRatingOutlook
A.M.BestB-Negative

Arab Re : Main indicators

In thousands USD
 201820192020
Turnover67 85569 25360 267
Shareholder’s equity104 58997 30999 360
Net result 5 508-3 1142 350

Arab Re : Turnover by class of business

In thousands USD
 Premiums 2019Premiums 2020Parts 2020 in %
Fire23 96222 29937.0%
Accident28 60116 33227.1%
Marine5 6105 8469.7%
Engineering7 2025 6659.4%
Total non life65 37550 14283.2%
Life3 87810 12516.8%
Grand total69 25360 267100%

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%
Others48.84%
Arab re Share Capital 2019

* Shareholding at 31/12/2017

Arab Re : Technical ratios

 201820192020
Net loss ratio 70%71.1%72.6
Management expenses ratio*36%34.6%31.4%
Net combined ratio106%105.7%104.0%

* Source AM Best

Arab Re : management

Sheikh Khaldoun BarakatChairman of the board
Hussein MalloukGeneral manager
Salim KojokAssistant general manager administration
Jean Marie NaamanDeputy head of technical departement
Nehme AramanUnderwriting non life director
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