Lebanese insurance companies: ranking 2024

December 03, 2025
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in thousands

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 2024 turnoverEvolution
2023-2024 (1)
Shares
2024
LBPUSD
Bankers10 037 974 000100 38031.60%9.90%
Fidelity9 493 727 00094 93739.20%9.30%
LIA Assurex9 162 252 00091 62328.40%9.00%
Medgulf9 028 550 00090 28553.40%8.90%
SNA7 449 224 00074 49228.90%7.30%
AXA ME7 222 466 00072 22536.60%7.10%
ALICO5 797 511 00057 97514.60%5.70%
GroupMed4 622 795 00046 22817.50%4.60%
Libano - Suisse4 048 021 00040 48036.60%4.00%
Security3 402 089 00034 0214.10%3.40%
Arope3 373 193 00033 73229.60%3.30%
Arabia3 270 707 00032 707207.40%3.20%
Bahria2 419 604 00024 19640.10%2.40%
Cumberland2 274 062 00022 74116.30%2.20%
AL Mashrek2 255 931 00022 55924.30%2.20%
ALIG2 123 346 00021 23340.00%2.10%
Commercial1 951 742 00019 51753.80%1.90%
UFA1 581 097 00015 81123.70%1.60%
ADIR1 526 365 00015 264-7.40%1.50%
UCA1 512 528 00015 12538.90%1.50%
Mearco999 068 0009 99145.00%1.00%
Capital991 291 0009 9130.40%1.00%
Trust Compass965 302 0009 65337.10%1.00%
Amana949 492 0009 49520.50%0.90%
North682 385 0006 82429.90%0.70%
Phenicienne649 393 0006 49441.90%0.60%
Victoire523 875 0005 23910.40%0.50%
Burgan513 594 0005 136-24.30%0.50%
Bancassurance411 227 0004 1122002%0.40%
Berytus402 497 0004 02528.20%0.40%
Total top 3099 641 308 000996 41332.20%98.10%
Rest of tde market (2)1 903 973 00019 0409.80%1.90%
Grand total101 545 281 0001 015 45331.70%100%

(1) Growth rate in local currency
(2) 16 companies
Exchange rate as at 31/12/2024: 1 LBP = 0.00001 USD ; 31/12/2023: 1 LBP = 0.00007 USD

Source: Insurance Control Commission, Insurance Market Report 4th Quarter 2024


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