Page 60 - 33rd Edition GAIF Pre-Conference May 2022 Issue 606

P. 60

MENA INSURANCE COS RANKED BY PREMIUM WRITTEN - YEAR 2020

(US$000)

Rank Company Name Country Premium Premium Assets Assets Shareholders Shareholders Net Profit Net Profit Roe Rating
Written 2020 Written 2019 2020 (%)
331 EGE EGYPT 2019 Equity 2020 Equity 2019 2020 2019
332 WATANIA / YEMEN YEMEN
333 SYRIAN ARAB SYRIA 1,580 540 32,720 31,350 24,500 24,060 4,120 4,490 16.82
334 BADIA IRAQ 1,480 885 - - -
335 ISLAMIC / MAURITANIA MAURITANIA 1,440 1,190 7,000 8,100 885
336 TRUST / YEMEN YEMEN 1,360 2,370 4,390 -40 65.04
337 SOLIDARITY ALLIANCE SYRIA 1,320 990 8,900 4,290 6,750 - - - -
338 ECONOMY (1) IRAQ 1,310
339 ATLANTIC MAURITANIA 1,290 590 - -- 840 150 90 13.64
340 YEMEN INS. YEMEN 1,270 2,030 570 240 23.75
341 SAAR MAURITANIA 1,260 1,270 1,900 1,620 1,100 770 -200 55.80
342 SMAI ISLAMIC (2) MAURITANIA 1,260 610
343 OVERSEAS LEBANON 1,190 1,210 4,520 4,640 2,400 - - - -
344 ORIENT / SYRIA SYRIA 1,180 N/A N/A -
345 AQEELAH TAFAFUL SYRIA 1,170 890 3,490 1,950 1,380 N/A -
346 AGM MAURITANIA 1,140 - - - -
347 AROPE SYRIA SYRIA 1,100 1,270 - -- N/A 60 -
348 SYRIAN ISLAMIC SYRIA 1,020 N/A N/A N/A -
349 GENERAL / SUDAN SUDAN 1,180 N/A N/A N/A N/A N/A 30 36.63
350 BYBLOS LEBANON 980 2,600 630 70 16.00
351 CIHAN IRAQ 940 1,050 - -- 1,100 1,280 1,360 8.40
352 CAR IRAQ 910 5,370 110 70 25.35
353 SKIC / GIG SYRIA 890 1,100 N/A N/A N/A 1,280 550 60 19.13
354 ADIR / SYRIA SYRIA 890 1,610 220 50 -
355 SHATT ARAB IRAQ 880 1,120 N/A N/A N/A 960 -
356 SABA' YEMEN 870 - - -
357 AHLIA / IRAQ (1) IRAQ 600 1,700 4,860 4,860 2,600 - N/A 150 -
358 AIG / LEBANON LEBANON 590 3,040 55.81
359 AMEEN IRAQ 490 780 3,790 2,650 1,720 - - 16.03
360 AL YAMAMA IRAQ 460 - - - -
361 TADAMON IRAQ 440 580 11,730 7,000 8,000 - 3,650 -20 -
362 TRUST / SYRIA SYRIA 340 2,670 250 50 -
363 MASEER IRAQ 250 930 2,150 2,100 1,310 1,310 N/A N/A 177.78
364 SHARK IRAQ 250 N/A - - 16.92
365 IRAQ INTERNATIONAL (1) IRAQ 220 770 4,970 3,810 2,170 N/A - - -
366 MIDDLE EAST / IRAQ IRAQ 140 - -320 -1,800 -
367 AKHAA (1) IRAQ 130 460 3,930 2,700 1,150 140 220 140 5.83
368 ALARD (1) IRAQ 120 1,250 - N/A -
369 ANDALUS IRAQ 120 820 - -- N/A N/A N/A -
370 DAR AL IRAQ (1) IRAQ 100 N/A 70 10 -
371 GULF / IRAQ IRAQ 890 3,900 3,990 3,040 1,080 - - -
372 ELAF (1) IRAQ 90 - - - -
373 MUFTIN (1) IRAQ 80 750 - -- - - 90 -
374 ETIHAD INT'L IRAQ 70 1,720 - - -
375 FAJR AL GULF (GIG) (3) LEBANON 60 9,280 - -- - - - -
376 AHLIA COOPERATIVE (11) KSA 60 - - - -
377 ARAB LIFE & ACCIDENT (8) JORDAN 60 430 9,130 4,430 6,540 - N/A N/A -
378 ALWIDD IRAQ 50 N/A - - -
379 BAHRIA LEBANON 40 360 2,690 1,930 1,560 - - - -
380 UNITED / EGYPT EGYPT - - - -
381 ATI LEBANON - 5,800 N/A N/A N/A - - - -
382 TRUST / LEBANON (3) LEBANON - - - - -
383 KHAIR IRAQ - 540 N/A N/A N/A - - - -
384 RIHAM IRAQ - - - 580 -
385 KURDISTAN IRAQ - 460 - -- 20,420 - -490 -
386 STAR CAR IRAQ - 5,160 N/A N/A -
387 WAFA / KSA (3) KSA - 600 7,870 7,200 -180 N/A - - -
388 WATANIYA / EGYPT (9) EGYPT - - - -790 -
389 MADA (9) EGYPT - 230 1,890 1,840 1,300 -4,600 - - -
- 1,550 - - -
TOTAL (US$ 000) - 480 - N/A - - - - -
- - - - -
- 250 N/A N/A N/A - - - -
- - - - -
40,651,610 180 3,120 2,500 1,200 - - - 8.51
- - -
200 - -- - - -
- 2,303,770 2,041,815
50 - -- 26,550,490

130 - 1,890 -

270 - --

60 - --

40 - --

1,230 N/A N/A N/A

30 - --

100 - --

30 - --

20 - --

230 - --

40 - --

51,270 - 122,310 -

20,180 - 19,330 -

13,100 N/A N/A N/A

10,000 - --

2,980 - 2,930 -

1,200 - 4,830 -

960 - --

170 - --

130 - --

30 - --

10 - --

-- --

39,140,758 103,628,720 97,596,240 27,085,245

N/A=NOT AVAILABLE (1) RESULTS 2019/2018 (7) ACQUIRED BY LIBANO SUISSE
(2) RESULTS 2018/2017 (8) ACQUIRED BY GIG - JORDAN
(3) STOPPED OPERATION (9) NEWLY REGISTERED
(5) ACQUIRED BY GIG BAHRAIN (10) MERGED WITH ALJAZIRA TAKAFUL
(6) ACQUIRED BY SOLIDARITY (11) MERGED WITH GULF UNION

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