The Lebanese insurance market in 2011

The Lebanese insurance market: Breakdown of premiums per class of business (2010-2011)

in USD

	2010	2011	2010/2011 growth	2011 shares
Non life
Health	291 349 851	340 228 267	16.77%	27.38%
Motor	312 204 491	327 503 723	4.90%	26.36%
Fire	65 282 198	78 181 906	19.75%	6.29%
Other risks	82 870 841	73 718 278	-11.04%	5.93%
Marine cargo	31 420 495	29 783 272	-5.21%	2.40%
Third party liability	10 094 952	11 543 013	14.34%	0.93%
Engineering	6 006 988	7 088 443	18.00%	0.57%
Credit	4 359 842	4 980 026	14.22%	0.40%
Total non life	803 589 658	873 026 928	8.64%	70.26%
Life
Total life	342 099 657	369 434 408	7.99%	29.74%
Grand total	1 145 689 315	1 242 461 336	8.44%	100%

Source: Association of Lebanese insurance companies (ACAL), 2011 annual report

Breakdown of written premiums per class of business in 2011

* Including third party liability, engineering and credit

in thousands USD

	2010	2011	2010/2011 growth	2011 shares
Medgulf	118 330	124 535	5.24%	10.02%
Allianz SNA	97 940	100 020	2.12%	8.05%
Metlife Alico	92 920	96 735	4.10%	7.78%
Arope Insurance	91 880	92 455	0.62%	7.44%
Bankers Assurance	77 575	86 180	11.09%	6.94%
LIA Insurance	56 136	81 384	44.97%	6.55%
Axa Middle East	56 850	76 170	33.98%	6.13%
Libano-Suisse	59 820	61 335	2.53%	4.94%
Fidelity	44 540	52 445	17.74%	4.22%
Adir Insurance	40 605	45 230	11.39%	3.64%
Total of the first ten companies	736 596	816 489	10.84%	65.71%
Rest of the market*	409 093	425 972	4.12%	34.29%
Grand total	1 145 689	1 242 461	8.44%	100%

* 41 insurance companies

Source: «Al Bayan» Magazine, N° 491, October 1^st 2012

The Lebanese insurance market: Breakdown of premiums per company in 2011

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Tue, 21/05/2013 - 14:47