Capital Insurance & Reinsurance
Capital Insurance & Reinsurance is a Lebanese private insurer (founded 1987) under the BBAC Group, offering 19 commercial and personal lines plus five bancassurance products distributed through 9 branches and BBAC Bank channels.
- Company typePrivate
- Founded1987
- HeadquartersBeirut, Lebanon
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Capital Insurance & Reinsurance does
Capital Insurance & Reinsurance Co. s.a.l. is a privately held Lebanese insurance company founded in 1987 by Chairman & General Manager Mr. Assaad G. Mirza, headquartered in Sin el Fil (Horch Tabet), Beirut, with a national footprint of 9 branches spanning Raouche, Tripoli, Chtaura, Kaslik, Saida, Aley, Batroun, Byblos, and Zouk Mikael. The company operates as a member of the BBAC Group, with BBAC Bank (Bank of Beirut & the Arab Countries s.a.l.) serving as major shareholder since a 2001 strategic partnership; BBAC is also its primary bancassurance distribution channel. The company maintains a fully paid capital of LL 3,254,500,000 and is audited by PricewaterhouseCoopers.
The company underwrites 19 distinct commercial and personal insurance lines — including Fire and Allied Perils, Motor, Life, Medical, Personal Accident, Domestic, Burglary, Cash in Safe, Fidelity, Workmen's Compensation, General Third Party, Hull, Loss of Profit, Professional Indemnity, Banker's Blanket Bond, Contractors All Risks, Electronic Equipment, Loss and Theft, and Travel Insurance — and operates a separate five-product bancassurance line (Home, Life, Domestic, Car, Personal Accident) sold exclusively through BBAC Bank with automatic bank-account premium deductions. Pricing across products is unit-based and low-ticket (motor material damage from USD 60/year; home fire insurance from USD 6/month; travel insurance from USD 10 per 7-day plan), targeting mass-market individual consumers, families, SMBs, and expatriate workers. Risk capacity is supported by a panel of affiliated international reinsurers (CCR, AWRIS, Munich Re, Covea France, Mafere RE, Arab Re, Mapfre Re) accessed via six international reinsurance brokers.
Distribution is sales-led through a physical branch network, a BBAC Bank bancassurance channel, and a recently launched online motor insurance self-service application on capital-cir.com. Marketing is concentrated on the company website, Facebook, and Instagram. No proprietary technology platform, AI/ML capabilities, or APIs are disclosed; operational technology is limited to standard proposal forms, online motor application, and informational content. No funding rounds, M&A activity, or geographic expansion beyond Lebanon are disclosed in the available data.
Capital Insurance & Reinsurance firmographics
Firmographics- Name
- Capital Insurance & Reinsurance
- Legal name
- The Capital Insurance & Reinsurance Co. s.a.l.
- Website
- https://capital-cir.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capital Insurance & Reinsurance is a Lebanese private insurer (founded 1987) under the BBAC Group, offering 19 commercial and personal lines plus five bancassurance products distributed through 9 branches and BBAC Bank channels.
- Ownership category
- akta.pro rank
Capital Insurance & Reinsurance industry classification
Industry- Product category
- Multi-line General Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Life, Health, and Medical Insurance Carriers (52411), Reinsurance Carriers (524130)
- SIC
- Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321)
- akta.pro primary industry
- Commercial Property Insurance (FSAJACAE)
- akta.pro secondary industries
- Commercial Package / Business Owners Policies (BOP) (FSAJAMAG), Financial Lines Treaty Reinsurance (e.g., D&O, E&O, professional liability) (FSAOAEAG)
Keywords
Where Capital Insurance & Reinsurance is headquartered
LocationHeadquarters
- HQ city
- Beirut
- HQ country
- Lebanon
- HQ region
- Middle East
Offices9 records
Markets served
Capital Insurance & Reinsurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Premiums: The company generates revenue primarily through insurance premiums collected from policyholders across its range of personal and commercial insurance products, including motor, home, life, travel, medical, and business insurance lines.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | MENA & Europe Travel Plans A-D: Medical coverage from USD 50,000 to USD 500,000 |
| Unit Pricing | Pay-as-you-go | Worldwide Excluding USA, Canada, Australia, Japan - Plans A-C |
| Unit Pricing | Pay-as-you-go | Worldwide Travel Plans A-C |
| One time/ perpetual license | Annual | Motor Third Party - Private Cars Category I |
| Subscription | Monthly | Home Insurance - Fire & Natural Perils |
| Subscription | Annual | Domestic Insurance Plans I-IV for expatriates |
| Subscription | Monthly | Personal Accident Insurance through BBAC Bancassurance |
| Subscription | Monthly | Term Life Insurance through BBAC Bancassurance |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Capital Insurance & Reinsurance product offering
Product offeringCore offering
Capital Insurance & Reinsurance Co. s.a.l. underwrites and distributes a multi-line portfolio of general insurance and reinsurance products, including motor, life, home, domestic, travel, personal accident, medical and fire cover, for individual consumers and commercial clients in Lebanon and the region. Its offering is supported by capacity from international reinsurers (including CCR, AWRIS, Munich Re, Mapfre Re, Arab Re, Covea-France and Mafere RE) and delivered through its own branches, bancassurance with BBAC Bank, and direct online motor issuance.
Product overview
Capital Insurance & Reinsurance is a Lebanese insurance company (established 1987, member of BBAC Group) offering a comprehensive portfolio of insurance products. The company provides both commercial/corporate insurance products and bancassurance products through BBAC Bank partnerships. Commercial products include Fire and Allied Perils, Motor, Life, Medical, Personal Accident, Domestic, Burglary, Cash in Safe, Fidelity, Workmen Compensation, General Third Party, Professional Indemnity, Banker's Blanket Bond, Contractors All Risks, Electronic Equipment, Loss and Theft, Travel Insurance, Hull, and Loss of Profit insurance. Bancassurance products offered through BBAC Bank include Home Insurance, Term Life Insurance, Domestic Insurance, Car Insurance, and Personal Accident Insurance with automatic bank deduction options.
Differentiator
Problem solved
Functional benefit
Products and services
- Motor Insurance Motor insurance coverage sold to vehicle owners, available through Capital Insurance's branches, BBAC Bank branches (bancassurance) and its direct online motor issuance channel.
- Life Insurance Life insurance coverage for individual consumers distributed by Capital Insurance & Reinsurance, leveraging the company's branch network and BBAC Bank bancassurance relationship.
- Home Insurance Home insurance coverage for residential property owners and tenants, sold as part of the company's multi-line personal insurance offering.
- Domestic Insurance Domestic insurance coverage, providing protection for household-related risks as part of Capital Insurance's general insurance portfolio.
- Travel Insurance Travel insurance policy covering travellers against travel-related risks, offered as part of Capital Insurance's personal lines portfolio.
- Personal Accident Insurance Personal accident coverage providing benefits in case of accidental injury or death, sold as a standalone personal insurance product.
- Medical Insurance Medical/health insurance coverage offered to individual consumers as part of Capital Insurance's multi-line personal insurance portfolio.
- Fire Insurance Fire insurance coverage for commercial and residential property risks, supported by the company's panel of international reinsurers (CCR, AWRIS, Munich Re, Mapfre Re, Arab Re, Covea-France, Mafere RE).
- Reinsurance Services Reinsurance arrangements that transfer portions of underwriting risk to international reinsurance partners including CCR, AWRIS, Munich Re, Mapfre Re, Arab Re, Covea-France and Mafere RE, enabling capacity for larger and more complex risks.
Companies that use Capital Insurance & Reinsurance
Customer profileSegments4 records
Ideal customer profiles2 records
Capital Insurance & Reinsurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Capital Insurance & Reinsurance partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and minor.
- BBAC (Bank of Beirut & the Arab Countries s.a.l.)coreBBAC Bank is the major shareholder of Capital Insurance & Reinsurance and the primary channel partner for bancassurance distribution. The partnership, established in 2001, enables Capital Insurance to distribute personal insurance products (life, accident, home, car, domestic) through BBAC Bank branches with automatic premium deductions and seamless renewals.
- CCR (Caisse Centrale de Reassurance)coreCCR is an affiliated reinsurer providing reinsurance capacity to Capital Insurance, strengthening the company's ability to cover large and complex risks.
- AWRIS (Arab War Risks Insurance Syndicate)coreAWRIS provides specialized war risks reinsurance capacity as an affiliated reinsurer, particularly relevant for coverage in the Middle East region.
- Munich Re (Munich Reinsurance Group)coreMunich Re is an international reinsurance giant providing capacity and risk expertise as an affiliated reinsurer, adding global strength to Capital Insurance's reinsurance program.
- Covea FrancemajorCovea France Insurance provides reinsurance support as an affiliated reinsurer, contributing to the company's overall reinsurance capacity.
- Mafere REmajorMafere RE provides reinsurance capacity as an affiliated reinsurer.
- Arab Re (Arab Reinsurance Company)coreArab Re is an Arab-region reinsurance company providing capacity as an affiliated reinsurer.
- Mapfre RemajorMapfre Re provides international reinsurance capacity as an affiliated reinsurer.
- Nasco Karaoglan FranceminorReinsurance broker facilitating reinsurance placements for Capital Insurance.
- GRS Lebanon (General Reinsurance Services)minorReinsurance broker facilitating reinsurance placements for Capital Insurance.
- Chedid & Associates LtdminorReinsurance broker facilitating reinsurance placements for Capital Insurance.
- PMC re S.A.LminorReinsurance broker facilitating reinsurance placements for Capital Insurance.
- BroktechminorReinsurance broker facilitating reinsurance placements for Capital Insurance.
- Fenchurch Faris LtdminorReinsurance broker facilitating reinsurance placements for Capital Insurance.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Capital Insurance & Reinsurance competitors and assessment
Company assessmentEmerging players
- Bupa Arabia: Saudi-listed health insurance specialist operating in the MENA region. Comparable as a regional health and medical insurance peer; differs in being health-specialized rather than multi-line.
Regional players
- Oman Insurance Company: UAE-based multi-line insurer (part of Mashreq Group) serving the wider MENA market with P&C, life, and medical lines. Comparable on multi-line regional underwriting model; primary geography is Gulf rather than Levant.
- Saudi National Insurance Company (SaudiNIC): Saudi-listed multi-line insurer operating across the MENA region with P&C, health, and engineering lines. Comparable on multi-line product breadth and reinsurance-backed underwriting; operates primarily outside Lebanon.
Direct peers
- MetLife Lebanon: Lebanon operations of MetLife offering life, accident, and savings products including bancassurance distribution. Directly comparable on life insurance and personal accident product lines and bancassurance distribution model.
- Bankers Assurance (Beema) Lebanon: Lebanese insurer with banking-group affiliation offering P&C and life products. Directly comparable on bancassurance-distributed personal lines and Lebanese multi-line model.
- MedGulf Insurance: Lebanese insurance company offering life, motor, medical, and general insurance products with a similar multi-line, multi-channel Lebanese distribution strategy. Directly comparable on product mix, scale, and target customer base.
- Trust Insurance Lebanon: Lebanese insurance carrier offering personal and commercial lines including motor, fire, and life. Directly comparable as a Lebanese multi-line competitor pursuing similar customer segments.
- Libano-Suisse Insurance: Lebanese multi-line insurer (P&C, life, motor) founded in 1959, serving individuals and businesses across Lebanon with a comparable national distribution model. Directly comparable as a fellow domestically-rooted Lebanese carrier competing for the same personal and commercial accounts.
Broad incumbents
- AXA Insurance Mediterranean & Near East: AXA's Lebanese and regional subsidiary offering P&C, life, and health insurance with international reinsurance capacity and broader product breadth. Comparable on product portfolio and Lebanese market presence, but with materially larger scale and capital.
- Allianz SNA (Société Nationale d'Assurance): Lebanese insurer affiliated with the Allianz Group, offering personal and commercial insurance lines. Comparable as a multi-line Lebanese carrier with international group backing; broader portfolio than Capital Insurance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Capital Insurance & Reinsurance social profiles
Digital presenceCapital Insurance & Reinsurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capital Insurance & Reinsurance leadership team
Management profileNumber of profiles
Profiles7 records
Capital Insurance & Reinsurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capital Insurance & Reinsurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capital Insurance & Reinsurance
What does Capital Insurance & Reinsurance do?
Capital Insurance & Reinsurance Co. s.a.l. underwrites and distributes a multi-line portfolio of general insurance and reinsurance products, including motor, life, home, domestic, travel, personal accident, medical and fire cover, for individual consumers and commercial clients in Lebanon and the region. Its offering is supported by capacity from international reinsurers (including CCR, AWRIS, Munich Re, Mapfre Re, Arab Re, Covea-France and Mafere RE) and delivered through its own branches, bancassurance with BBAC Bank, and direct online motor issuance.
Is Capital Insurance & Reinsurance a public or private company?
Capital Insurance & Reinsurance is a private company. It is classified as corporate owned and is currently operating.
When was Capital Insurance & Reinsurance founded?
Capital Insurance & Reinsurance was founded in 1987. It employs 11 to 50 people.
Where is Capital Insurance & Reinsurance based?
Capital Insurance & Reinsurance is headquartered in Beirut, Lebanon, in the Middle East region.
How does Capital Insurance & Reinsurance make money?
One revenue line is on record: insurance Premiums.
Who are Capital Insurance & Reinsurance's main competitors?
Bupa Arabia is listed as an emerging player. Regional players are Oman Insurance Company and Saudi National Insurance Company (SaudiNIC). Direct peers are MetLife Lebanon, Bankers Assurance (Beema) Lebanon, MedGulf Insurance, Trust Insurance Lebanon and Libano-Suisse Insurance. Broad incumbents are AXA Insurance Mediterranean & Near East and Allianz SNA (Société Nationale d'Assurance).
Does Capital Insurance & Reinsurance have an API?
No public API is recorded for Capital Insurance & Reinsurance.
What industry is Capital Insurance & Reinsurance in?
Capital Insurance & Reinsurance's product category is Multi-line General Insurance. Its primary akta.pro industry code is FSAJACAE, Commercial Property Insurance, with a secondary code of FSAJAMAG, Commercial Package / Business Owners Policies (BOP). Its NAICS code is 52412 and its SIC code is 6331.