Arab Re
 | DATE OF CREATION: 11 March 1972, Lebanon |
| CLASSES OF BUSINESS: Life and non-life | |
| MAIN UNDERWRITING REGIONS: Middle East and Maghreb | |
| CONTACT: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 : Main indicators in USD
in USD| 2017 | 2018 |  | |
| Turnover | 66 141 000 | 61 497 000 | |
| Shareholder’s equity | 102 880 000 | 104 589 000 | |
| Net result | 4 501 000 | 5 508 000 |
Arab Re: Turnover 2018 by class of business
* Including cargo| Premiums | In % | |
| Fire | 20 663 000 | 33.6% |
| Accident | 23 307 000 | 37.9% |
| Engineering | 6 949 000 | 11.3% |
| Hull and energy* | 5 350 000 | 8.7% |
| Total non-life | 56 269 000 | 91.5% |
| Life | 5 228 000 | 8.5% |
| Grand total | 61 497 000 | 100% |
 | ||
* Including cargo
Arab Re : Capital and shareholding
| Shareholders | In % |
| Barakat Gulf ventures (Bahrain) | 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: Net technical ratios
| 2017 | 2018 | |
| Loss ratio | 77% | 70% |
| Management expenses ratio | 30% | 36% |
| Combined ratio | 107% | 106% |
 | ||
* Source : A.M. Best
Arab Re: Management
| Sheikh Khaldoun Barakat | Chairman of the board |
| Hussein Mallouk | Deputy general manager |
| Salim Kojok | Deputy general manager, administration |
| Mohamed Hammoud | General manager, technical |
| Nehme Araman | Non life underwriting manager |
Arab Re: Rating
| Agency | Rating | Outlook |
| A.M. Best | B+ | Stable |
Read also | Lebanese insurance industry
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