Established in 1974, Arope has become one of the major players in the insurance industry in Lebanon. Since its foundation, Arope has maintained continuous growth and sustained development, backed by a solid financial background and an excellent track of good reputation and credibility. Operating in all lines of insurance, Arope is striving to stay ahead in product development and client servicing.

Shareholders:

BLOM Bank S.A.L. 88.87%
SCOR Reassurance (France) 10%
BLOM Shareholders <2%

BLOM Bank s.a.l.

Holding 88.87% of AROPE Insurance shares, BLOM BANK is one of Lebanons leading banks and the best in terms of profitability. It has been awarded the Best Bank in Lebanon for 2008 by unanimous recognition from international specialized institutions including The Banker, Euromoney and Global Finance. It has also received many international awards for different banking activities at Lebanon and the Middle East levels.

BLOM Bank has in Lebanon 57 branches covering major Lebanese regions, an Investment and Private bank, BLOMINVEST BANK, and an Islamic bank, BLOM DEVELOPMENT BANK

BLOM Bank registered profits of US Dollar 252 million in 2008, up by 47% as compared to 2007 and the Return on Average Equity (ROAE) of 20.1% compared to 17.4% in 2007.

It is the Lebanese bank with the widest international network and has as a presence in 10 countries, either directly or through subsidiaries. In addition to its branches in Lebanon, BLOM Bank provides universal banking services to its customers in France, the United Kingdom, Switzerland, Egypt, Syria, Dubai, Sharjah, Abu-Dhabi (Representative Office), Jordan, Romania, Cyprus, Qatar and Saudi.

SCOR Rassurance, Holding around 10% of AROPE Insurance shares, SCOR Rassurance is one of the fist-class international reinsurers with a turnover of over USD 7 Billion for 2008.

First Class Reinsurers

Arope Business is covered by prominent and highly-rated international reinsurers, including:

SCOR

Munich Re

Allianz

CCR

Arab Re

Mapfre Re

Gen Re

and others