LIA Insurance

Mario Saradar, founder and chairman of Saradar Group, exercises ultimate control over LIA's strategic direction, including asset allocation. Day-to-day insurance operations are managed by Labib Nasr as CEO of LIA Assurex. The general-account investment posture flows from Saradar's wider family-office orientation toward direct, tangible assets.

LIA owns Keller Springs Crossing, a multifamily residential property at 3221 Keller Springs Road in Carrollton, Texas. This US holding is a modest but notable hard-asset position for a Beirut-based insurer, sitting alongside the firm's domestic commercial real estate portfolio in Beirut Central District and Rmeil.

Mario Saradar is both chairman of Saradar Group and founder of LIA Insurance. Saradar Group functions as the family's holding entity, with LIA Insurance serving as the regulated insurance carrier within the broader Saradar Family Office ecosystem. The Fattal Group owns a 49 percent minority stake in Saradar Insurance Holding, the intermediate holding company.

South Africa's Sanlam Group was previously the majority owner and technical partner of LIA Insurance. The relationship gave the Beirut insurer access to actuarial and operational expertise from a pan-African financial services group. Sanlam has since exited, and the Saradar family consolidated its position rather than replacing Sanlam with another outside sponsor.

Public records confirm only the Keller Springs Crossing multifamily property in Texas. No other US-domiciled holdings — listed equities, private funds, or direct operating businesses — have been disclosed. The US exposure appears deliberately limited to a single identifiable residential asset.