Page 12 - Issue-600-Special-November-2021

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
265 BURGAN LEBANON 12,200 13,140 19,330 16,500 5,300 4,390 610 310 11.51
266 RMA ASSISTANCE MOROCCO 12,120 11,660 N/A N/A N/A N/A N/A N/A -
267 EL AMANA TAKAFUL TUNISIA 12,020 11,800 - N/A - N/A - N/A -
268 CAARAMA ALGERIA 12,000 15,700 113,000 125,000 12,000 13,000 380 690 3.17
269 MIS YEMEN 11,870 13,400 1,420 1,210 10,000 12,800 - - -
270 TOKYO MARINE GENERAL TAKAFUL EGYPT 11,740 11,450 30,950 28,900 10,760 8,840 2,250 1,440 20.91
271 SHARJAH UAE 11,720 12,000 76,320 80,400 50,950 52,800 3,270 4,090 6.42
272 CLA LEBANON 11,140 11,990 127,000 140,330 51,200 62,940 -11,380 9,800 -22.23
273 AROPE / EGYPT EGYPT 10,000 11,180 29,190 26,480 16,330 13,630 3,440 2,050 21.07
274 CONFIDENCE (CIG) LEBANON 9,890 7,720 13,400 14,710 4,630 5,080 570 430 12.31
275 SARWA P&C EGYPT 9,810 1,180 13,160 4,580 6,600 3,160 300 40 4.55
276 AT TAKAFULIA TUNISIA 9,450 7,540 - N/A - N/A - N/A -
277 TALA ALGERIA 9,340 9,400 N/A N/A N/A N/A N/A N/A -
278 DAR AL SALAM KUWAIT 9,100 11,180 10,120 14,225 9,310 13,095 - - -
279 METLICO EGYPT 9,090 6,390 22,950 11,120 3,920 2,950 880 140 22.45
280 KITI (1) KUWAIT 9,000 9,000 - - - - - - -
281 COFACE MOROCCO 9,000 6,460 N/A N/A N/A N/A N/A N/A -
282 PHENICIENNE LEBANON 8,910 8,880 19,380 18,330 4,940 5,570 -500 30 -10.12
283 BOUBYAN TAKAFUL (1) KUWAIT 8,800 8,800 18,000 18,000 16,000 16,000 - 0.00 Baa2 (Moody’s)
284 QAFELA LIBYA 8,800 6,350 17,100 15,100 1,320 600 - 350 -
285 UNITED / BAHRAIN BAHRAIN 7,740 25,350 65,160 75,020 36,620 29,230 5,370 12,040 14.66
286 VICTOIRE LEBANON 7,540 8,110 28,140 23,310 9,040 9,730 -40 300 -0.44
287 NASR MAURITANIA 7,410 7,600 2,840 2,050 - N/A - N/A -
288 MEARCO LEBANON 6,650 10,100 16,860 16,860 4,770 4,770 - 440 -
289 PHILADELPHIA JORDAN 6,500 9,080 11,250 12,470 2,920 3,560 -730 -2,190 -25.00
290 BLUE NILE SUDAN 6,440 4,240 - - - - - - -
291 MACIR VIE ALGERIA 6,240 6,000 18,200 21,210 11,080 11,240 -20 510 -0.18
292 YEMEN GENERAL YEMEN 5,970 5,020 15,200 14,900 8,100 7,420 1,300 1,100 16.05
293 UNITED / LEBANON LEBANON 5,890 6,080 16,780 14,550 8,510 9,400 -880 560 -10.34
294 MOHANDES LIFE EGYPT 5,630 6,350 69,330 67,430 17,370 15,440 4,790 5,620 27.58
295 KHAZNA UAE 5,450 - 110,200 120,000 -6,540 20,160 -26,430 -3,800 404.13
296 CHUBB PROPERTY EGYPT 5,350 4,940 25,760 20,430 15,410 14,340 650 320 4.22
297 AXA ASSISTANCE MOROCCO 5,220 8,960 N/A N/A N/A N/A N/A N/A -
298 MMI SUDAN 5,020 2,940 - - - - - - -
299 JUBA SUDAN 4,920 4,780 - - - - - - -
300 AROPE LIFE EGYPT 4,800 3,690 15,360 13,200 6,480 5,920 600 530 9.26
301 AMAN / YEMEN YEMEN 4,530 4,140 1,820 1,700 3,750 3,600 - - -
302 COTUNACE TUNISIA 4,490 5,570 N/A N/A 18,450 15,780 2,200 1,760 11.92
303 RITAJ TAKAFUL (1) KUWAIT 4,300 4,300 - - - - - - -
304 JAZEERA YEMEN 4,230 2,290 N/A N/A N/A N/A N/A N/A -
305 ISLAMIC / YEMEN YEMEN 4,080 4,240 8,570 8,790 4,880 4,740 1,110 1,180 22.75
306 SAFWA JORDAN 4,000 6,500 11,300 12,620 1,360 1,660 -700 -490 -51.47
307 ALETEHADIYA LIBYA 3,920 3,450 5,320 6,700 4,250 5,200 - - -
308 MUTUALISTE ALGERIA 3,910 4,050 N/A N/A N/A N/A N/A N/A -
309 SARWA LIFE EGYPT 3,630 200 9,100 4,220 6,770 3,750 370 190 5.47
310 TIBESTY LIBYA 3,610 3,330 3,100 2,850 1,750 1,300 - - -
311 SAVANNA SUDAN 3,470 2,560 - - - - - - -
312 SMAEX MOROCCO 3,060 4,100 N/A N/A N/A N/A N/A N/A -
313 RL 360 0 LEBANON 2,980 1,500 9,870 N/A 2,570 N/A 1,660 N/A 64.59 B+ (AKG)
314 SAICO / LEBANON LEBANON 2,900 3,900 13,900 13,900 8,490 8,470 20 200 0.24
315 TOKYO MARINE FAMILY TAKAFUL EGYPT 2,610 2,520 17,030 17,600 7,010 7,940 -1,110 -770 -15.83
316 ARABIA SYRIA SYRIA 2,510 770 8,740 4,390 2,210 1,830 380 10 17.19
317 MEDGULF / EGYPT EGYPT 2,500 14,200 7,270 12,380 2,680 2,690 -10 -480 -0.37
318 UR INT’L IRAQ 2,500 2,200 4,200 3,620 4,900 4,780 1,560 1,560 31.84
319 MAREB YEMEN 2,360 2,370 15,000 15,000 3,700 3,700 90 90 2.43
320 LCI LEBANON 2,340 5,800 6,900 16,280 2,300 2,620 -540 -680 -23.48
321 NATIONAL / SYRIA SYRIA 2,270 1,490 6,970 4,620 3,610 2,270 1,840 360 50.97
322 MAURITANNIERE MAURITANIA 2,240 2,080 N/A N/A N/A N/A N/A N/A -
323 GIG - IRAQ IRAQ 2,230 3,040 5,860 6,980 5,360 6,460 100 120 1.87
324 DAR AL SALAM IRAQ 2,210 2,480 - - - - - - -
325 UIC / SYRIA SYRIA 2,200 1,110 7,380 4,200 4,330 2,090 2,180 40 50.35
326 UNITED / KUWAIT (1) KUWAIT 2,100 2,100 - - - - - - -
327 ASSURCREDIT (2) TUNISIA 1,980 1,980 N/A N/A N/A N/A N/A N/A -
328 YEMENI QATARI YEMEN 1,860 1,900 7,020 7,020 5,250 5,250 520 520 9.90
329 AMIC LIBYA 1,850 1,380 - - - - - - -
330 MAALIM (1) IRAQ 1,680 1,680 - - - - - - -

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