Lebanese insurance industry: Evolution of turnover and net result (2017-2018)
Figures in thousands USD
| Insurers | Gross written premiums | Net results | NR/GWP in % | |||
|---|---|---|---|---|---|---|
| 2018 | 2017 | 2018 | 2017 | 2018 | 2017 | |
Allianz Sna | 145 073 | 140 072 | 7 752 | 9 199 | 5.34% | 6.57% |
Alico | 123 352 | 120 859 | 39 110 | 41 051 | 31.71% | 33.97% |
Bankers | 122 033 | 117 824 | 10 608 | 10 631 | 8.69% | 9.02% |
Lia | 113 500 | 115 258 | 9 513 | 10 481 | 8.38% | 9.09% |
Axa Me | 107 259 | 98 627 | 694 | 4 242 | 0.65% | 4.30% |
Fidelity | 104 741 | 74 556 | 766 | 7 479 | 0.73% | 10.03% |
Arope | 95 951 | 106 127 | 19 785 | 18 436 | 20.62% | 17.37% |
Medgulf | 86 154 | 98 960 | -8 814 | -10 728 | -10.23% | -10.84% |
Bancassurance | 82 984 | 78 214 | 20 464 | 19 405 | 24.66% | 24.81% |
Adir | 76 803 | 72 316 | 16 010 | 14 993 | 20.85% | 20.73% |
Libano-suisse | 64 667 | 64 373 | 709 | 777 | 1.10% | 1.21% |
Groupmed | 58 077 | ND | 2 635 | ND | 4.54% | ND |
Assurex | 39 264 | 37 743 | 2 815 | 2 207 | 7.17% | 5.85% |
Cumberland | 29 101 | 27 150 | -483 | -132 | -1.66% | -0.49% |
UFA | 28 657 | 28 631 | 911 | -819 | 3.18% | -2.86% |
Security | 27 461 | 26 252 | 1 241 | 428 | 4.52% | 1.63% |
Arabia | 23 751 | 27 421 | -923 | -228 | -3.89% | -0.83% |
Alig | 22 300 | ND | 3 230 | ND | 14.48% | ND |
The capital | 22 251 | 22 618 | 2 756 | 2 137 | 12.39% | 9.45% |
Sogecap | 19 991 | 18 462 | 23 380 | 15 169 | 116.95% | 82.16% |
UCA | 18 103 | 17 305 | 1 805 | 2 674 | 9.97% | 15.45% |
Commercial | 17 748 | 13 983 | -242 | 318 | -1.36% | 2.27% |
Beirut Life | 16 551 | 15 020 | 5 556 | 4 802 | 33.57% | 31.97% |
North Insurance | 15 753 | 14 734 | 950 | 935 | 6.03% | 6.35% |
Trust Compass | 15 624 | ND | -683 | ND | -4.37% | ND |
Crédit libanais | 14 746 | 15 067 | 14 504 | 12 377 | 98.36% | 82.15% |
Amana | 14 185 | ND | -1 205 | ND | -8.49% | ND |
Confidence | 12 411 | 8 712 | 108 | 421 | 0.87% | 4.83% |
Burgan | 12 039 | 11 250 | 298 | 439 | 2.48% | 3.90% |
Mearco | 12 029 | 8 911 | -183 | -520 | -1.52% | -5.84% |
| Total | 1 542 559 | 1 380 445 | 173 067 | 166 174 | 11.22% | 12.04% |
Rest of the market | 85 244 | 244 296 | 155 | 217 | 0.18% | 0.09% |
| Total market | 1 627 803 | 1 624 741 | 173 222 | 166 391 | 10.64% | 10.24% |
Read also | Ranking of insurance companies in Lebanon
