Premiums drop 6% in Lebanon

Data from the Association of Insurance Companies in Lebanon showed 6% year-on-year decrease in premiums to $822.8 million in the first half of the year, Middle East Insurance Review reported. Non-life category recorded $337.2 million in paid benefits and claims, reflecting 5.6% year-on-year drop. Overall, the insurers paid $531.1 million in benefits and claims.

Read more.