Elie Nasnas: A Name to Remember

It is with profound sadness, that we share the news of the passing of Mr. Elie Nasnas (FGM, 1978) on November 29. A visionary leader and a key figure in Lebanon’s insurance sector, he left an indelible mark on the industry through his unwavering commitment, discipline, and dedication.

Nasnas was a devoted partner of the Saint Joseph University of Beirut (USJ), serving on the Strategic Board and the Board of the Higher Institute of Insurance Studies (ISSA). His steadfast support and invaluable contributions were pivotal in revitalizing the Institute’s activities and defining its strategic priorities to prepare future generations of insurance professionals.

A graduate of the USJ Business School (FGM) in 1978, Nasnas began his journey in the insurance sector at SLF, a family-owned company and Lebanon’s oldest insurance firm, representing the French “Union de Paris.” In 2000, following a share acquisition by AXA Insurance, SLF was rebranded as AXA Middle East. Nasnas became its CEO, marking a new chapter in his illustrious career. His forward-thinking approach also enriched the mission of the Association of Insurance Companies in Lebanon (ACAL), which he chaired in 2021, as he sought solutions to the industry’s pressing challenges amidst economic hardship.

A man of principle and passion, he exemplified the values of dedication and support in all his endeavors, both professionally and within the ISSA community.

His passing leaves an irreplaceable void.

During this time of grief, we extend our deepest condolences to his family, loved ones, and all who had the privilege of knowing him.

May his soul rest in eternal peace.