Aware of the importance of having access to and analyzing data in the insurance business, GlobeMed Lebanon supports its clients with a range of actuarial and statistical services through a qualified team of dedicated actuaries. These services include product design, reinsurance accounts management, rating and rate modifications, underwriting tools and guidelines, reinsurance support, loss reducing treaty negotiations, actuarial monitoring and reporting, early warning systems, and health-related studies and bulletins.

Early warning systems providing standardized periodic reports that monitor key performance indicators of health insurance and health benefits portfolios.

Actuarial reports analyzing all aspects of client portfolios including portfolio segmentation, premium adequacy, claims distributions and utilization patterns and market positioning. These reports provide clients with recommendations based on the identification of strengths, weaknesses, opportunities and threats.

Special studies and bulletins highlighting trends and statistics on relevant topics in the healthcare industry.

Design & development of health programs complete with premium ratemaking, underwriting guidelines and policy wording and documentation.

Loss reserving services giving our clients the ability to manage their cash flows and satisfy their regulatory obligations.

Underwriting support based on a proprietary Medical Scoring system that allows clients to measure the healthcare risk of new applicants and existing beneficiaries.

Reinsurance support services assisting our clients in all their reinsurance needs. These services include the placement of their health portfolios with world-class reinsurance companies, treaty negotiations, reinsurance accounting services, and reinsurance reporting requirements.