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Lebanese inurance market in 2024: turnover per class of business
December 01, 2025
In thousands
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| Turnover 2024 | Evolution 2023-2024(1) | Shares 2024 | ||
| LBP | USD | |||
| Health | 50 926 035 000 | 509 261 | 40.7% | 50.1% |
| Motor | 20 503 033 000 | 205 030 | 23.3% | 20.2% |
| Property damage and accident | 22 020 287 000 | 220 203 | 29.4% | 21.7% |
| Total non-life | 93 449 355 000 | 934 494 | 33.8% | 92% |
| Life | 8 095 926 000 | 80 959 | 11.3% | 8% |
| Grand total | 101 545 281 000 | 1 015 453 | 31.7% | 100% |
(1) Growth rate in local currency
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
Read also | Lebanese insurance companies
