Lebanon – Conference on insurance and oil tackles the risks
Friday, 06 05 2015, Category: Insurance and Reinsurance, Country: Lebanon
It is worth noting that the Arab conference on “oil and gas and its effect on the insurance sector” took place in Beirut and tackled the risks and challenges that will face the insurance sector regarding the oil sector. At the same time the petroleum sector in Lebanon is still a non-started project, or in the best scenario an unfinished dream until the decrees are issued by the council of ministers.
The government seems to be however busy with issues far away from petroleum and the oil future of Lebanon. So the Oil and Gas conference under the auspices of the Minister of Economy and Commerce Mr. Alain Hakim and organized by the Lebanese Insurance Association “ACAL” and the General Arab Insurance Federation “GAIF” looked optimistic despite all the pessimism around these issues.