Makeshift shelters used by residents who fled Israeli airstrikes in the southern suburbs of Beirut are set up along the seafront corniche of the Lebanese capital, March 6, 2026. (Credit: Joseph Eid/AFP)
Nearly a week after the outbreak of the war launched by Israel and the United States against Iran and its spillover into Lebanon, the president of the Association of Insurance Companies (ACAL), Assaad Mirza, gives an overview of the sector in Lebanon and the region.L'Orient-le Jour: What are the immediate consequences of the regional war for the insurance sector?Assaad Mirza: There are two. The first is that insurance companies are having a great deal of difficulty collecting the premiums owed by their policyholders due to the situation. War repercussions War in Lebanon pummels tourism, Airbnb sees surge This is a phenomenon directly related to the war. Previously, payments were regular. That said, there is still some leeway before it becomes problematic, even though insurance companies must continue to cover damages specified...
Nearly a week after the outbreak of the war launched by Israel and the United States against Iran and its spillover into Lebanon, the president of the Association of Insurance Companies (ACAL), Assaad Mirza, gives an overview of the sector in Lebanon and the region.L'Orient-le Jour: What are the immediate consequences of the regional war for the insurance sector?Assaad Mirza: There are two. The first is that insurance companies are having a great deal of difficulty collecting the premiums owed by their policyholders due to the situation. War repercussions War in Lebanon pummels tourism, Airbnb sees surge This is a phenomenon directly related to the war. Previously, payments were regular. That said, there is still some leeway before it becomes problematic, even though insurance companies must continue to cover damages...
