Page 62 - 33rd Edition GAIF Pre-Conference May 2022 Issue 606

P. 62

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 (%)

197 TAMKEEN PALESTINE 29,060 23,580 39,740 24,800 13,090 7,600 1,010 860 7.72
198 WAFA IMA ASSISTANCE MOROCCO 28,670 29,000 N/A N/A N/A N/A N/A N/A -
199 UFA LEBANON 28,090 26,390 - -510 -
200 ILAF (2) KUWAIT 28,000 28,000 50,270 50,270 14,370 14,370 N/A N/A -
201 AL HILAL LIFE BAHRAIN 27,450 23,600 N/A N/A N/A N/A 720 1,010
202 ESIH EGYPT 27,250 22,700 430 1,350 3.95
203 ALIG LEBANON 25,740 22,740 84,680 77,030 18,250 17,080 450 830 2.39
204 ZITOUNA TAKAFUL TUNISIA 25,510 22,000 63,310 55,170 18,020 17,270 1,420 5.18
205 DELTA JORDAN 25,100 25,830 60,490 43,860 8,680 8,230 2,550 60 18.86
206 WATANIA / JORDAN JORDAN 25,060 25,980 66,000 54,000 13,520 10,750 860 650 5.74
207 SYRIAN GENERAL SYRIA 24,670 20,530 43,280 40,310 14,990 14,050 9.46 B (AM Best)
208 MEDGULF / JORDAN JORDAN 24,200 27,130 37,820 37,780 13,220 12,800 1,250 -
209 MAGHREBIA VIE TUNISIA 23,800 20,530 - 190 -
210 GAT VIE TUNISIA 23,530 13,870 - - - - -10.65
211 CAC YEMEN 23,450 18,800 34,630 38,180 7,420 8,280 -790 -
212 CARDIF AL DJAZAIR ALGERIA 22,930 21,780 67,150 65,300 7,300 6,800 - N/A -
213 ASIA IRAQ 22,510 18,950 1,900 -
214 UCA / LEBANON LEBANON 22,100 17,210 N/A N/A N/A N/A N/A N/A 26.40
215 UNITED / SUDAN SUDAN 21,500 18,340 8,000 6,500 9,090 7,250 2,400 1,650 -
216 NEWTON JORDAN 21,400 21,240 1,810 8.08
217 AXA DOMMAGE / ALGERIA ALGERIA 21,200 21,870 N/A N/A N/A N/A N/A 1,350 -
218 CARTE VIE TUNISIA 20,910 17,660 48,100 44,500 32,530 30,900 2,630 610 154.55
219 T’AZUR / KUWAIT KUWAIT 20,500 20,500 95,400 50,290 23,700 27,000 N/A -1.19 B (AM Best)
220 AL MANARA JORDAN 20,300 12,400 18,200 17,880 1,100 N/A N/A -
221 TAAWUNIYA / SUDAN SUDAN 19,800 47,630 47,710 30,190 530 1,700 -
222 WETHAQ TAKAFUL KUWAIT 19,000 6,500 31,430 -360 - -
223 ARAB ISLAMIC TAKAFUL KUWAIT 19,000 18,960 N/A N/A N/A 570 32.39
224 CAPITAL LEBANON 18,870 15,000 N/A N/A N/A N/A N/A -
225 AXA VIE / ALGERIA ALGERIA 18,850 19,860 41,600 41,600 N/A N/A - - BB (S&P)
226 NATIONAL TAKAFUL (1) KUWAIT 18,500 17,130 27,090 21,140 - -280 -
227 COMMERCIAL LEBANON 18,440 18,500 7,750 - - 1.97
228 BARAKA SUDAN 18,390 19,710 - - 4,900 2,510 - -
229 NILEIN SUDAN 18,310 11,360 40,090 39,210 - 2,250 -
230 UNITED / LIBYA LIBYA 18,200 11,220 40,000 - - -19.13
231 SUDANESE SUDAN 18,120 20,350 - - 39,130 - N/A - BBB (Islamic R)
232 HAYETT TUNISIA 18,100 12,820 64,200 43,970 - - - -
233 BERYTUS LEBANON 17,250 15,720 16,270 - 320 15.89
234 SALAMA / SUDAN SUDAN 17,210 13,700 N/A N/A 15,900 N/A -80 164.45
235 AHLIA INS. GROUP PALESTINE 17,110 10,450 34,000 34,000 N/A - - -
236 GHAZAL (1) KUWAIT 17,000 20,000 49,200 29,070 23,200 N/A -1,500 - 0.54
237 TRUST COMPASS LEBANON 16,480 17,000 7,840 23,200 - -
238 SAPS ALGERIA 16,280 15,100 - - 7,920 - 1,910 2.98
239 KUWAIT QATAR KUWAIT 16,010 17,300 - - - 2,100 - -
240 ARAB ASSURERS JORDAN 15,800 18,100 109,350 114,950 - - 4,210 -3.38
241 LIBANO SUISSE TAKAFUL EGYPT 15,800 18,500 20,730 - 13,220 - - N/A -
242 FIRST TAKAFUL (1) KUWAIT 15,630 12,380 - N/A 2,560 14,350 20 20 - A (AM Best)
243 GULF TAKAFUL KUWAIT 15,580 15,630 22,230 22,230 11,090 - - 5.10
244 AMANA LEBANON 15,300 13,070 - - 3,680 10,820 760 - 2.22
245 AIG / EGYPT EGYPT 15,170 15,230 73,450 69,850 - 3,680 - 750 - BB (Capital)
246 EULER HERMES ACMAR MOROCCO 15,130 14,880 48,950 48,950 25,500 - -800 250 -22.74 Ba1 (Moody’s)
247 CHUBB LIFE EGYPT 15,010 14,930 52,230 52,300 8,970 23,840 N/A -
248 BURGAN TAKAFUL KUWAIT 15,000 15,100 N/A N/A 23,650 8,970 - - -
249 DELTA LIFE EGYPT 14,900 55,200 60,000 N/A 25,000 460 N/A -
250 ARAB UNION INT'L JORDAN 14,800 - 23,900 24,140 18,500 N/A 90 28.19
251 MISR TAKAFUL EGYPT 14,500 12,900 14,050 10,190 9,020 21,000 - - -
252 TAKAFULY LIBYA 14,250 13,000 46,470 46,470 4,050 8,550 -7,500 240 31.27
253 AGLIC ALGERIA 14,000 13,250 135,440 133,050 28,430 2,750 - -430 -3.65
254 DILNIA IRAQ 14,000 16,100 - - 32,980 28,430 N/A 2,730 6.91
255 MIDDLE EAST / SUDAN SUDAN 13,950 12,980 55,440 52,800 - 32,180 N/A -1,020 -
256 TRUST HOUSE IRAQ 13,940 11,100 N/A N/A 21,370 - 3,310 2.95
257 LIBO LIBYA 13,800 10,930 47,660 39,920 N/A 17,880 - - 8.00
258 ISKAN EGYPT 13,780 10,260 - - 11,740 N/A 4,500 2,880 -
259 HAMRAA IRAQ 13,020 16,000 92,420 78,900 - 9,270 -300 -
260 HOLYLAND JORDAN 13,000 19,460 24,030 22,830 14,390 - 640 N/A 26.59
261 BEIRUT LIFE LEBANON 12,750 17,820 15,650 8,210 10,000 - 2,990 31.50
262 CIS EGYPT 12,610 3,710 - N/A 9,260 8,640 220 -
263 NORTH LEBANON 12,500 15,470 42,500 41,260 - 8,450 1,400 - -102.77
15,500 23,000 21,000 7,450 N/A N/A 2,920 -
11,580 N/A N/A 17,500 7,310 - 4.23
14,000 8,000 8,000 N/A 16,200 2,010 130 1.10
32,100 36,100 4,800 N/A 3,440 1,070
29,160 30,050 7,560 4,800 N/A
4,500 3,880 10,920 9,990 -4,080 N/A
14,110 16,300 3,800 8,770 N/A 160
24,500 24,500 3,970 2,640 420 800
34,740 27,300 17,660 3,970 400 N/A
91,880 29,580 9,940 17,660
36,330 4,360 -
13,730 2,630
2,190

275
-4,080
3,760
1,310

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