SNA
Originally specializing in life insurance, SNA has quickly exported its know-how to countries such as Tunisia, Morocco and Jordan. Its international scale was confirmed as of 1998 with the entry of the French group AGF in the capital.
M. Antoine Wakim |
CEO and General Manager |
SNA's activity is not confined to the distribution of insurance expertise; it also extends to actions of sponsorship and environmental protection, making it a civil company. Thanks to its professional and charismatic leaders, SNA has become a genuine school which can be proud of its insurance library.
Today, SNA stands for quality, soundness and know-how. Its influence and notoriety in Arab countries are considerable. The AGF-Allianz group has sensed that by making of it its Middle Eastern most privileged partner.
The SNA Holding in 2004
Capital | 19.093 million USD |
Turnover | 45.677 million USD |
Net profit | 5.087 million USD |
Shareholders' equity | 48.419 million USD |
Number of employees | 105 (SNA Lebanon) and more than 150 marketing agents |
Presence | Jordan, Tunisia, Egypt, Saudi Arabia, United Arab Emirates |
Management
Chief Executive Officer and General Manager | Antoine Wakim |
Head of Operations | Raymond Cham |
Head of Development and Reinsurance | Antoine Issa |
Head of Finance and Internal Audit | Antoine Bitar |
Head of Business Center Claims and of Individual Center | Ramez Hayek |
Head of Sales | Bassam Khoueiss |
Head of Non-life Development | François Masson |
Head of Corporate Communication | Rosette Gharzouzi |
Bancassurance Manager | Raed Labaki |
Head of Business Center Corporate | Cessine Wakim |
PRT Manager | Hrair Kouyoumjian |
Main shareholders
AGF Allianz Group | 59.1% |
SNA Founders & Management | 27.13% |
Other local financial institutions | 10.53% |
Swiss Re | 3.24% |
Main financial highlights: 2003-2004
in thousands USDSNA Lebanon | SNA Holding | |||
---|---|---|---|---|
2003 | 2004 | 2003 | 2004 | |
Capital | 8 137 | 8 742 | 19 093 | 19 093 |
Gross premiums | 38 521 | 41 867 | 41 178 | 45 677 |
Net profit | 2 627 | 3 270 | 4 052 | 5 087 |
Technical provisions | 50 666 | 62 412 | 59 249 | 71 301 |
Shareholders' equity | 24 318 | 26 626 | 45 094 | 48 419 |
Total assets | 81 488 | 96 518 | 113 969 | 130 555 |
SNA Lebanon: Gross premiums split by class of business: 2001-2004
in thousands USD2001 | 2002 | 2003 | 2004 | |
---|---|---|---|---|
Non life | ||||
Motor | 1 712 | 2 224 | 3 410 | 3 575 |
Accident, General TPL, Workmen's Compensation | 2 210 | 2 498 | 2 562 | 2 812 |
Fire | 1 951 | 2 347 | 2 123 | 2 335 |
Engineering | - | - | 673 | 201 |
Marine Cargo | 263 | 258 | 253 | 602 |
Health | 11 795 | 11 547 | 13 905 | 14 315 |
Others | 103 | 81 | 373 | 156 |
Total non life | 18 034 | 18 955 | 23 299 | 23 996 |
Life | ||||
Total life | 12 830 | 14 029 | 15 222 | 17 871 |
Grand total | 30 864 | 32 984 | 38 521 | 41 867 |
Gross premiums split by class of business in 2004
SNA Lebanon: Turnover evolution by activity
in thousands USD Source: ARIG Directory (8th edition)Exchange rate LBP/USD as at 31/12 | 2001 | 2002 | 2003 | 2004 |
0.00064 | 0.00064 | 0.00064 | 0.00066 |
Contact
Head office | SNA Building Hazmieh P.O Box 16 6528 PC 1100 2130 Beirut - Lebanon |
Phone | (+961) 5 956 600 |
Fax | (+961) 5 956 624 |
sna [at] sna [dot] com [dot] lb | |
Website |
Agencies and branches
SNA Lebanon Agencies | ||
---|---|---|
Aïn Saadeh | Jdeideh | Sour |
Baaklin | Jounieh | Tabaria |
Beit Mery | Mseitbeh | Verdun |
Dekwaneh | Saida | Zghorta |
Jbeil | ||
SNA Lebanon Branches | ||
Hamra | Chehwan | Zahle |
Jounieh | Tabaris | |
Kornet | Tripoli |
Thanks: We thank SNA for their kind assistance in the conception of this survey.