Trust Life Insurance Company

Info:
OFAC designated Trust Life Insurance Company S.A.L. (Trust Life) for being owned or controlled by Jammal Trust;

Trust Life, which provides life insurance services, was established in 2001. Trust Life and Trust Insurance products are backed by Jammal Trust. Moreover, Trust Life is a subsidiary of Jammal Trust and is 99.56% owned by the bank.;

Jammal Trust assists in, sponsors, or provides financial, material, or technological support for, or financial or other services to or in support of, Hizballah. Jammal Trust knowingly facilitates the banking activities of U.S.-designated entities openly affiliated with Hizballah, Al-Qard al-Hassan and the Martyrs Foundation, in addition to services it provides to Hizballah’s Executive Council. Hizballah has used accounts at Jammal Trust to pay its operatives and their families, and Jammal Trust has actively attempted to conceal its banking relationship with numerous wholly owned Martyrs Foundation subsidiaries;

Also Known As:
Trust Life
Trust Life Insurance Co. Sal
Trust Life S.A.L.

Country:
Lebanon

Address:
JTB Tower, Tahweeta High Way, Elias Hraoui Avenue, Beirut, Lebanon;
Jamal Trust Vabk Building, Beirut, Lebanon;
Beirut, Lebanon

Phone:
00 961 1 425072/3/4

Website:
www.trustinsurance.com.lb

E-mail:
info@trustinsurance.com.lb

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 29, 2019 pursuant to Executive Order 13224 for being owned or controlled by Jammal Trust;