AISL Executive Summary
Libya obtient un score AISL ajusté de 43.6/100 (restrictif). Le marché de l'assurance y pesait 48 millions $ en 2025, pour une pénétration de 0.1% du PIB. Une cession obligatoire s'applique aux réassureurs étrangers (Libyan Reinsurance Company (monopole d'Etat presume)). Le marché applique par ailleurs plusieurs mécanismes complémentaires : un droit de premier refus au bénéfice du réassureur local et une exigence de capacité locale.
Summary written from available AISL data, some of which is estimated due to a lack of official public sources. Not an opinion, a starting point for analysis.
Economy
Capital
Tripoli
Population
Not documented
GDP
$49.3 B
Currency
LYD
Insurance market
Market size
$48 M
Penetration
0.1%
Density / capita
Not documented
Growth (GDP proxy)
15.9%
Regulatory framework
Regulatory openness
RestrictiveCompulsory cession
Yes
Libyan Reinsurance Company (monopole d'Etat presume)
Active friction mechanisms
3 / 7
Reference year
2025
AISL Score
Market with limited public documentation: underlying market data relies partly or fully on estimation, due to a lack of accessible official figures. Should be treated with caution.
Base score
53.8
Adjusted score (friction)
43.6
Regulatory access
58/100
Methodology breakdown
AISL recommendation: AVOID / HIGH RISK
AISL Score Badge
Show the Libya score — live — on your own site, in a deck or an email signature. The image updates automatically with every score revision, nothing to redo on your end.
- 1Copy the code below
- 2Paste it into your site, email or document
- 3The badge displays, always up to date
Similar markets
Structurally close profiles to Libya, computed on market size, growth, sector structure, environment and founder judgment.
Market (2025)
Total premiums
$47.9M
Penetration
0.1%
Density / capita
Not documented
Growth
—
Number of insurers
—
International comparison
This market is -98% versus the OECD average (6.2% of GDP, 2024) and -98% versus the average across all reporting jurisdictions (5.4%, 2024).
Source: OECD, Global Insurance Market Trends 2025. These averages cover jurisdictions reporting to the OECD, not an exhaustive global sample.
Source: Estimation - marche assurantiel tres reduit et peu documente en raison de l'instabilite politique persistante, penetration parmi les plus faibles du monde arabe, juillet 2026
Macroeconomic context (2024)
GDP
$49.3 B
GDP growth
15.9%
Population
—
Inflation
1.6%
Currency
LYD
Source: AfDB/World Bank Libya Economic Outlook, juillet 2026
Regulatory mechanisms
Libyan Reinsurance Company (monopole d'Etat presume)
Source: Estimation par defaut - PAS de source GRF dediee, PAS de donnees sectorielles fiables et recentes disponibles
What this market requires at entry
3 active regulatory mechanisms on this market, with what each one concretely means for entering Libya.
"What If" Simulator
Each active friction mechanism removes 3.4 points from this market's score (base score: 53.8, before regulatory friction). Uncheck a mechanism below to simulate its removal and see how many points this market would regain — using the exact AISL scoring formula.
Simulated score
43.6
3 mechanisms active (3 × 3.4 = −10.2 pts)
Active reinsurers
9 reinsurers (national + regional operating in this zone), 2021 revenue in USD millions
| Reinsurer | Scope | Revenue 2021 (M$) | Net income (M$) | Observed growth | 2022(est.) | 2023(est.) | 2024(est.) | 2025(est.) | 2026(est.) | 2027(est.) | 2028(est.) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ghana Re - Kenya | Regional | — | — | — | — | — | — | — | — | — | — |
| Zep Re - Zimbabwe | Regional | — | — | — | — | — | — | — | — | — | — |
| Zep Re | Regional | — | — | — | — | — | — | — | — | — | — |
| CICA - Re | Regional | — | — | — | — | — | — | — | — | — | — |
| Waica Re - Kenya | Regional | — | — | — | — | — | — | — | — | — | — |
| WAICA Re - Zimbabwe | Regional | — | — | — | — | — | — | — | — | — | — |
| Zep Re (PTA Reinsurance Co) | Regional | 213.0 | 18.1 | +2.3% | 218.0 | 223.0 | 228.0 | 233.2 | 238.6 | 244.0 | 249.6 |
| CICA-RE | Regional | 176.2 | 13.4 | +11.3% | 196.1 | 218.3 | 243.0 | 270.6 | 301.3 | 335.5 | 373.7 |
| WAICA Re | Regional | 153.3 | 19.9 | +49.5% | 229.5 | 343.3 | 513.5 | 768.1 | 1148.9 | 1719.1 | 2572.0 |
Source: Atlas Magazine, Reinsurance Yearbook 2023. Last real data available: fiscal year 2021 (left-hand columns). The "2028 revenue (estimated)" column, in italic gray, is a projection based solely on the growth rate observed between 2020 and 2021 (capped between -30% and +50%/year); this is not an observed figure and should be treated with caution, particularly for companies with volatile or negative net income.
AISL Summary
- AISL positioning: 44/100, "Restrictive" market.
- Insurance market: $48M, fiscal year 2025.
- Main entry barrier: compulsory cession (Libyan Reinsurance Company (monopole d'Etat presume)).
- Sits 10.2 points above the regional average (5 scored markets).
Regional comparison
Average adjusted score in North Africa : 33.4 (out of 5 scored markets)
Libya is 10.2 points above the regional average