Page 61 - 33rd Edition GAIF Pre-Conference May 2022 Issue 606
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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 2019 Equity 2020 Equity 2019 2020 2019 (%)
264 AXA GREEN CRESCENT UAE 12,260 12,530 50,000 50,600 32,970 32,970 540 - 1.64
12,200 13,140 19,330 16,500 5,300 4,390 610 310 11.51
265 BURGAN LEBANON 12,120 11,660 N/A N/A N/A N/A
12,020 11,800 N/A N/A - N/A N/A -
266 RMA ASSISTANCE MOROCCO 12,000 15,700 - N/A 12,000 13,000 - 690 -
11,870 13,400 125,000 10,000 12,800 380 3.17
267 EL AMANA TAKAFUL TUNISIA 11,740 11,450 113,000 1,210 10,760 8,840 - -
11,720 12,000 1,420 28,900 50,950 - 1,440 20.91
268 CAARAMA ALGERIA 11,140 11,990 80,400 52,800 2,250 4,090 6.42
10,000 11,180 30,950 140,330 51,200 62,940 3,270 9,800 -22.23
269 MIS YEMEN 76,320 26,480 16,330 13,630 -11,380 2,050 21.07
9,890 7,720 127,000 14,710 4,630 3,440 12.31
270 TOKYO MARINE GENERAL TAKAFUL EGYPT 9,810 1,180 29,190 4,580 5,080 430 4.55
9,450 7,540 13,400 N/A 6,600 3,160 570 40 -
271 SHARJAH UAE 9,340 9,400 13,160 N/A - 300 N/A -
9,100 11,180 14,225 N/A N/A -
272 CLA LEBANON 9,090 6,390 - 11,120 N/A N/A - - 22.45
9,000 9,000 N/A 9,310 13,095 N/A -
273 AROPE / EGYPT EGYPT 9,000 6,460 10,120 - 3,920 2,950 140 -
8,910 8,880 22,950 N/A - - -10.12
274 CONFIDENCE (CIG) LEBANON 8,800 8,800 18,330 - - 880 0.00 Baa2 (Moody’s)
8,800 6,350 - 18,000 N/A N/A N/A -
275 SARWA P&C EGYPT 7,740 25,350 N/A 15,100 4,940 5,570 - 30 14.66
7,540 8,110 19,380 75,020 16,000 16,000 N/A -0.44
276 AT TAKAFULIA TUNISIA 7,410 7,600 18,000 23,310 1,320 600 -500 - -
6,650 10,100 17,100 2,050 36,620 29,230 350 -
277 TALA ALGERIA 6,500 9,080 65,160 16,860 9,040 9,730 - 12,040 -25.00
6,440 4,240 28,140 12,470 N/A 5,370 300 -
278 DAR AL SALAM KUWAIT 6,240 6,000 2,840 - 4,770 N/A -0.18
5,970 5,020 16,860 - 4,770 3,560 -40 440 16.05
279 METLICO EGYPT 5,890 6,080 11,250 21,210 2,920 - -2,190 -10.34
5,630 6,350 14,900 - - 27.58
280 KITI (1) KUWAIT 5,450 - 14,550 - 11,240 - 404.13
5,350 - 18,200 67,430 11,080 7,420 -730 510 4.22
281 COFACE MOROCCO 5,220 4,940 15,200 120,000 8,100 9,400 - 1,100 -
5,020 8,960 16,780 20,430 8,510 15,440 560 -
282 PHENICIENNE LEBANON 4,920 2,940 69,330 17,370 20,160 -20 5,620 -
4,800 4,780 110,200 N/A -6,540 14,340 1,300 -3,800 9.26
283 BOUBYAN TAKAFUL (1) KUWAIT 4,530 3,690 25,760 - 15,410 -880 320 -
4,490 4,140 - N/A 4,790 N/A 11.92
284 QAFELA LIBYA 4,300 5,570 N/A N/A - -26,430 -
4,230 4,300 - 13,200 - - - -
285 UNITED / BAHRAIN BAHRAIN 4,080 2,290 - 1,700 - 650 - 22.75
4,000 4,240 N/A 5,920 N/A 530 -51.47
286 VICTOIRE LEBANON 3,920 6,500 15,360 - 6,480 3,600 - -
3,910 3,450 1,820 N/A 3,750 15,780 - 1,760 -
287 NASR MAURITANIA 3,630 4,050 8,790 18,450 - - 5.47
3,610 N/A - 600 N/A -
288 MEARCO LEBANON 3,470 200 - 12,620 - N/A - 1,180 -
3,060 3,330 6,700 N/A 4,740 2,200 -490 -
289 PHILADELPHIA JORDAN 2,980 2,560 N/A N/A 4,880 1,660 - - 64.59 B+ (AKG)
2,900 4,100 8,570 4,220 1,360 5,200 N/A N/A 0.24
290 BLUE NILE SUDAN 2,610 1,500 11,300 2,850 4,250 N/A 1,110 190 -15.83
2,510 3,900 5,320 - N/A 3,750 -700 - 17.19
291 MACIR VIE ALGERIA 2,500 2,520 N/A 6,770 1,300 - - -0.37
2,500 N/A N/A 1,750 N/A N/A 31.84
292 YEMEN GENERAL YEMEN 2,360 770 9,100 - 370 N/A 2.43
2,340 14,200 3,100 13,900 - N/A - 200 -23.48
293 UNITED / LEBANON LEBANON 2,270 2,200 17,600 N/A N/A - -770 50.97
2,240 - 2,570 8,470 N/A 10 -
294 MOHANDES LIFE EGYPT 2,230 2,370 N/A 4,390 8,490 7,940 1,660 -480 1.87
2,210 5,800 9,870 12,380 7,010 1,830 20 1,560 -
295 KHAZNA UAE 2,200 1,490 13,900 2,210 2,690 -1,110 90 50.35
2,100 2,080 17,030 3,620 2,680 4,780 380 -680 -
296 CHUBB PROPERTY EGYPT 1,980 3,040 8,740 15,000 4,900 3,700 -10 360 -
1,860 2,480 7,270 16,280 3,700 2,620 1,560 N/A 9.90
297 AXA ASSISTANCE MOROCCO 1,850 1,110 4,200 2,300 2,270 90 120 -
1,680 2,100 15,000 4,620 3,610 N/A -540 - -
298 MMI SUDAN 1,980 6,900 N/A N/A 6,460 1,840 40
1,900 6,970 5,360 N/A -
299 JUBA SUDAN 1,380 N/A 6,980 - 100 N/A
1,680 5,860 - - 2,090 - 520
300 AROPE LIFE EGYPT 4,330 2,180 -
- 4,200 - - -
301 AMAN / YEMEN YEMEN 7,380 - - N/A N/A
N/A 5,250 520
302 COTUNACE TUNISIA - N/A 5,250 -
N/A 7,020 - -
303 RITAJ TAKAFUL (1) KUWAIT 7,020 - -
- -
304 JAZEERA YEMEN - -
-
305 ISLAMIC / YEMEN YEMEN
306 SAFWA JORDAN
307 ALETEHADIYA LIBYA
308 MUTUALISTE ALGERIA
309 SARWA LIFE EGYPT
310 TIBESTY LIBYA
311 SAVANNA SUDAN
312 SMAEX MOROCCO
313 RL 3600 LEBANON
314 SAICO / LEBANON LEBANON
315 TOKYO MARINE FAMILY TAKAFUL EGYPT
316 ARABIA SYRIA SYRIA
317 MEDGULF / EGYPT EGYPT
318 UR INT’L IRAQ
319 MAREB YEMEN
320 LCI LEBANON
321 NATIONAL / SYRIA SYRIA
322 MAURITANNIERE MAURITANIA
323 GIG - IRAQ IRAQ
324 DAR AL SALAM IRAQ
325 UIC / SYRIA SYRIA
326 UNITED / KUWAIT (1) KUWAIT
327 ASSURCREDIT (2) TUNISIA
328 YEMENI QATARI YEMEN
329 AMIC LIBYA
330 MAALIM (1) IRAQ
61 AL BAYAN ECONOMIC MAG - ISSUE 607 - JUNE 2022
