AROPE Insurance Ranks 2nd in Profit among Lebanese Insurance Companies in 2016

Al Bayan Magazine recently published the 2016 rankings of 379 MENA Insurance companies. The companies’ rankings are based on shareholders’ equity, net profits, written premiums, and total assets. In fact, with more than 50 insurance companies operating in the Lebanese market, more than 10 Lebanese insurance companies ranked among the top in the region, with AROPE taking the lead in several sections.

 In terms of shareholders equity, AROPE ranked 40^th in the region and 1^st in Lebanon with $121.14M, much ahead of ARABIA, which ranked 2^nd with $90.23M. Similarly, AROPE ranked 25^th in the MENA and 2^nd in Lebanon, with net profits amounting to $20.49M.  As for written premiums, AROPE ranked 58^th in the MENA, and 5^th in Lebanon, with $117.16M, following ARABIA, ALLIANZ SNA, METLIFE ALICO, and Bankers. AROPE’s total assets, of $382.86M, stood in 6^th place in Lebanon.

AROPE Insurance Ranking in MENA and Lebanon

Source: Al Bayan Magazine