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Lebanese inurance market in 2022: turnover per class of business
November 22, 2023
In thousands
| 2022 turnover | 2021 turnover | 2021-2022 evolution (1) | 2022 shares | |||
|---|---|---|---|---|---|---|
| LBP | USD | LBP | USD | |||
| Motor | 918 377 000 | 606 129 | 700 718 000 | 462 474 | 31.06% | 37.39% |
| Health | 752 989 000 | 496 973 | 932 899 000 | 615 713 | -19.29% | 30.65% |
| Property damage and accidents | 381 576 000 | 251 840 | 414 772 000 | 273 750 | -8.00% | 15.53% |
| Total non-life | 2 052 942 000 | 1 354 942 | 2 048 389 000 | 1 351 937 | 0.22% | 83.57% |
| Total life | 403 495 000 | 266 306 | 524 676 000 | 346 286 | -23.10% | 16.43% |
| Grand total | 2 456 437 000 | 1 621 248 | 2 573 065 000 | 1 698 223 | -4.53% | 100% |
(1) Growth rate in local currency
Exchange rate as at 31/12/2022: 1 LBP = 0.00066 USD; au 31/12/2021: 1 LBP = 0.00066 USD
Read also | Lebanese insurance companies