Lebanon - El Habbal announces progress during oil seminar
Tuesday, 07 18 2017, Category: Insurance and Reinsurance, Country: Lebanon
Mrs. Nadine El Habbal Acting Head at Insurance Control Commission considered that “the oil and gas insurance industry is very complicated and includes the insurance of individuals, properties, and special risks according the characteristics of either oil or gas”.
She indicated in a seminar about “oil and gas insurance” organized by the Lebanese Insurance Association (ACAL) that “this sector is complex and promising at the same time”.
Moreover, Mrs. El Habbal said “until now the size of the oil resources beneath the sea is undetermined. Lebanon made a good progress in order to start exploiting this wealth noting that Lebanon is doing well compared to regional countries in this field despite the fact that many believe the opposite. Therefore, Lebanon has to maintain progress in order to take advantage of the current positive political will in order to achieve the desired goals”.
Source: National News Agency