Lost in the fog - Executive Magazine : comparemela.com

Lost in the fog - Executive Magazine


Executive Magazine
Lebanese insurers seek to ward off economic pressures and evil opinion spells
The best thing to say about the performance of insurance companies in the year to date is that they are slowly reappearing from what seemed an organizational stupor that during the past year enveloped the sector up to the level of the regulator, the Insurance Control Commission (ICC). In the first quarter of this year, a few insurance companies have become newly active in terms of communicating with their market, and the insurance association has begun strategizing on how to re-assert the sector’s public perception, which had taken several beatings during the past year. After a period of providing information very haltingly, the ICC as the presently sole source of quotable data on Lebanese insurers, has released its quarterly report on sector results in Q4 of 2020 on March 15.

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