Reinsurers Reluctant Toward Lebanese Insurance Companies Over Conflict

Liliane Mokbel, 16:00 - Reading : 3 minute(s)

Central Bank of Lebanon Hezbollah Israel Insurances Reinsurers

Reinsurers are hesitant to renew reinsurance contracts with Lebanese insurance companies — an expected approach in view of the conflict sparked by Hezbollah’s front against Israel. As the year-end approaches, most annual reinsurance agreements for the 40 insurance companies operating in Lebanon are set to expire. Negotiations have been ...