Lia Insurance

Chairman's Message - 2018

2018 was another challenging year that witnessed austere sluggishness in the economic activities. But as we look back to LIA’s evolution as its inception in 1975, we can be pleased with the many successes that we have achieved, and as we look forward we can be confident that our solid foundation will enable us to grow even stronger.

In fact, at LIA we have demonstrated time again our ability to overcome the challenges of an unstable environment through the determination of our people and the strength of our footmark. We managed to maintain stable rates in terms of turnover and profits; moreover we are extremely proud to report that LIA was placed fourth among the Top Ten Insurance Companies on the Lebanese market.

I invite you to check on LIA’s performance as detailed further in this report.

Finally, I wish to extend my appreciations to LIA’s management for their assiduous support and insight which helped steer the company towards its accomplishments to date and to the entire staff of LIA for their continuing dedication to achieve the company’s objectives and goals.

We are in the business to serve our customers with the highest levels of concern and to expand our legacy of long-term value creation to our shareholders; we thank them both for their valuable loyalty and we look forward to maintain a long term relationship with them.

Raymond Farhat
Chairman - General Manager