Page 57 - 33rd Edition GAIF Pre-Conference May 2022 Issue 606

MENA REINSURANCE BROKERS RANKED BY PREMIUM WRITTEN 2020

(US$000)

Rank Company Name Country Premium Premium Shareholders Shareholders Revenue Revenue Net Profit Net Profit
01 UIB UK 2020 2019 Equity 2020 Equity 2019 2020 2019 2020 2019

1,160,000 1,080,000 61,100 64,500 95,100 87,000 17,500 13,000

02 NASCO RE LEBANON 1,070,000 1,110,000 67,440 63,600 109,000 117,130 12,400 16,470

03 CHEDID RE LEBANON 1,000,000 1,000,000 25,000 25,000 N/A N/A N/A N/A

04 APEX JORDAN 364,390 303,000 4,110 3,810 11,180 10,700 N/A N/A

05 MALAKUT UAE 363,000 331,000 13,210 12,070 29,800 27,300 4,710 4,430

06 FENCHURCH FARIS JORDAN 217,900 200,700 5,500 4,900 20,650 19,400 N/A N/A

07 COGENT M.E. UAE 208,000 208,000 N/A N/A N/A N/A N/A N/A

08 LINK LEBANON 78,000 73,000 N/A N/A N/A N/A N/A N/A

09 PLATINUM LEBANON 66,210 55,960 N/A N/A N/A N/A N/A N/A

10 PREMIUM LEBANON 60,000 55,000 N/A N/A N/A N/A N/A N/A

11 WILLIS GRAS SAVOYE RE EGYPT 59,000 57,000 N/A N/A N/A N/A N/A N/A

12 BROKTECH (2) LEBANON 38,000 38,000 N/A N/A N/A N/A N/A N/A

13 ADDISON BRADLEY GRP LEBANON 31,000 36,000 N/A N/A N/A N/A N/A N/A

14 C&G RE LEBANON 23,000 25,000 800 800 N/A N/A N/A N/A

15 GALAXY UAE 21,000 32,500 N/A N/A N/A N/A N/A N/A

16 ARB HOLDING EGYPT 17,000 17,000 N/A N/A N/A N/A N/A N/A

17 PROTECTION RE BAHRAIN 16,000 16,500 N/A N/A N/A N/A N/A N/A

18 GRS LEBANON 15,800 15,750 N/A N/A 900 900 N/A N/A

19 AGMA MOROCCO 13,600 13,400 N/A N/A N/A N/A N/A N/A

20 SUN RE UAE 10,400 11,500 N/A N/A N/A N/A N/A N/A

21 GROUPEMED RE UAE 7,360 N/A N/A N/A 1,960 N/A 130 N/A

22 ARB MOROCCO 6,200 7,500 N/A N/A N/A N/A N/A N/A

23 MERCU RE (3) EGYPT 5,000 - N/A - --

24 PROASSUR TUNISIA 4,200 3,900 N/A N/A N/A N/A N/A 50

25 DACH TUNISIA 4,100 4,600 N/A N/A N/A N/A N/A N/A

26 TICAR (1) TUNISIA 2,800 2,800 N/A N/A N/A N/A N/A N/A

27 JUELMIN UAE 2,100 3,500 N/A N/A N/A N/A N/A N/A

28 PMC RE LEBANON - 32,600 - 300 - 1,400 - 270

TOTAL (US$ 000) 4,864,060 4,734,210 177,160 174,980 268,590 263,830 34,740 34,220

(1) RESULTS 2019/2018 (2) RESULTS 2018/2017 (3) NEWLY REGISTERED

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57 AL BAYAN ECONOMIC MAG - ISSUE 607 - JUNE 2022