Magazine date:
Feb 2018 2016 ranking of Lebanese insurers according to turnover
in thousands| 2016 turnover | 2015 turnover | 2015-2016 evolution(2) | 2016 shares | |||
|---|---|---|---|---|---|---|
| In LBP(1) | In USD | In LBP(1) | In USD | |||
Allianz SNA | 195 976 000 | 132 460 | 185 330 000 | 124 709 | 5.7% | 8.30% |
ALICO - Metlife | 183 459 000 | 124 000 | 171 159 000 | 115 173 | 7.2% | 7.70% |
Medgulf | 173 406 000 | 117 205 | 171 068 000 | 115 112 | 1.4% | 7.30% |
Bankers | 167 263 000 | 113 053 | 162 353 000 | 109 247 | 3.0% | 7.10% |
Libano Arabe | 158 073 000 | 106 842 | 146 648 000 | 98 679 | 7.8% | 6.70% |
Arope | 152 818 000 | 103 290 | 141 057 000 | 94 917 | 8.3% | 6.40% |
AXA M.E. | 143 926 000 | 97 280 | 143 547 000 | 96 593 | 0.3% | 6.10% |
Bancassurance | 114 616 000 | 77 469 | 112 505 000 | 75 705 | 1.9% | 4.80% |
Fidelity Insurance | 108 985 000 | 73 663 | 106 846 000 | 71 897 | 2.0% | 4.60% |
Libano-Suisse | 104 239 000 | 70 455 | 103 653 000 | 69 748 | 0.6% | 4.40% |
ADIR Insurance | 101 054 000 | 68 302 | 92 750 000 | 62 411 | 9.0% | 4.30% |
Continental trust | 76 369 000 | 51 618 | 77 402 000 | 52 084 | -1.3% | 3.20% |
Al-Mashrek | 63 562 000 | 42 962 | 61 218 000 | 41 194 | 3.8% | 2.70% |
Arab Lebanese Insurance Group (ALIG) | 56 129 000 | 37 938 | 51 085 000 | 34 375 | 9.9% | 2.40% |
Assurex | 52 216 000 | 35 293 | 50 478 000 | 33 967 | 3.4% | 2.20% |
Cumberland | 37 982 000 | 25 672 | 36 838 000 | 24 788 | 3.1% | 1.60% |
Arabia Insurance | 37 058 000 | 25 048 | 34 319 000 | 23 093 | 8.0% | 1.60% |
The Capital | 35 307 000 | 23 864 | 37 643 000 | 25 330 | -6.2% | 1.50% |
UFA Assurances | 34 562 000 | 23 360 | 26 780 000 | 18 020 | 29.1% | 1.40% |
Liberty Insurance | 28 662 000 | 19 373 | 27 434 000 | 18 460 | 4.5% | 1.20% |
Security Insurance | 28 213 000 | 19 069 | 25 898 000 | 17 427 | 8.9% | 1.20% |
Sogecap | 26 413 000 | 17 853 | 23 488 000 | 15 805 | 12.5% | 1.10% |
Credit Libanais | 25 033 000 | 16 920 | 26 377 000 | 17 749 | -5.1% | 1.10% |
United Commercial Assurance | 24 811 000 | 16 770 | 26 905 000 | 18 104 | -7.8% | 1.00% |
Trust Compass | 24 047 000 | 16 253 | 30 020 000 | 20 200 | -19.9% | 1.00% |
North Insurance | 18 686 000 | 12 630 | 19 220 000 | 12 933 | -2.8% | 0.80% |
Commercial | 18 468 000 | 12 483 | 18 284 000 | 12 303 | 1.0% | 0.80% |
Beirut Life | 17 067 000 | 11 536 | 13 911 000 | 9 361 | 22.7% | 0.70% |
Amana Insurance | 16 835 000 | 11 379 | 16 507 000 | 11 108 | 2.0% | 0.70% |
Burgan (Arab Life) | 15 929 000 | 10 766 | 14 544 000 | 9 787 | 9.5% | 0.70% |
Phénicienne | 13 907 000 | 9 400 | 12 781 000 | 8 600 | 8.8% | 0.60% |
Victoire | 13 487 000 | 9 116 | 13 209 000 | 8 888 | 2.1% | 0.50% |
Confidence | 11 978 000 | 8 096 | 11 767 000 | 7 918 | 1.8% | 0.50% |
The Lebanese Credit Insurer (LCI) | 10 040 000 | 6 786 | 8 288 000 | 5 577 | 21.1% | 0.45% |
Bahria | 9 937 000 | 6 716 | 12 015 000 | 8 085 | -17.3% | 0.42% |
Berytus | 9 345 000 | 6 316 | 10 381 000 | 6 985 | -10.0% | 0.41% |
Union Nationale | 9 336 000 | 6 310 | 12 226 000 | 8 227 | -23.6% | 0.40% |
Mearco | 8 917 000 | 6 027 | 8 636 000 | 5 811 | 3.3% | 0.38% |
United Assurance | 8 393 000 | 5 673 | 8 240 000 | 5 545 | 1.9% | 0.40% |
Mains Essalam | 8 272 000 | 5 591 | 8 386 000 | 5 643 | -1.4% | 0.34% |
Saudi Arabia | 5 846 000 | 3 951 | 7 584 000 | 5 103 | -22.9% | 0.20% |
AIG | 4 459 000 | 3 014 | 4 775 000 | 3 213 | -6.6% | 0.20% |
RL 360 | 3 904 000 | 2 639 | 4 406 000 | 2 965 | -11.4% | 0.16% |
Overseas | 2 897 000 | 1 958 | 2 294 000 | 1 544 | 26.3% | 0.10% |
Al-Aman Takaful Insurance (ATI) | 1 980 000 | 1 338 | 1 377 000 | 927 | 43.8% | 0.10% |
Trust Insurance | 1 919 000 | 1 297 | 1 672 000 | 1 125 | 14.8% | 0.08% |
Trust Life | 1 546 000 | 1 045 | 1 575 000 | 1 060 | -1.8% | 0.10% |
Byblos | 1 071 000 | 724 | 997 000 | 671 | 7.4% | 0.05% |
Fajer Al Khaleej | 227 000 | 153 | 8 891 000 | 5 983 | -97.4% | 0.01% |
Zurich ME | 60 000 | 41 | 4 893 000 | 3 292 | -98.8% | 0.003% |
Total of the market | 2 368 685 000 | 1 600 997 | 2 299 660 000 | 1 547 441 | 3.0% | 100.0% |
(1) Lebanese pound
(2) Growth rate in local currency
Exchange rate as at 31/12/2016: 1 LBP=0.0006759 USD; as at 31/12/2015: 1 LBP = 0.0006729 USD Source: Insurance Control Commission (ICC)
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