Page 14 - 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 (%)
331 EGE EGYPT 1,580 540 32,720 31,350 24,500 24,060 4,120 4,490 16.82
332 WATANIA / YEMEN YEMEN 1,480 1,190 7,000 8,100 885 885 - - -
333 SYRIAN ARAB SYRIA 1,440 990 8,900 4,290 6,750 2,370 4,390 -40 65.04
334 BADIA IRAQ 1,360 590 - - - - - - -
335 ISLAMIC / MAURITANIA MAURITANIA 1,320 1,270 1,900 1,620 1,100 840 150 90 13.64
336 TRUST / YEMEN YEMEN 1,310 1,210 4,520 4,640 2,400 2,030 570 240 23.75
337 SOLIDARITY ALLIANCE SYRIA 1,290 890 3,490 1,950 1,380 610 770 -200 55.80
338 ECONOMY (1) IRAQ 1,270 1,270 - - - - - - -
339 ATLANTIC MAURITANIA 1,260 1,180 N/A N/A N/A N/A N/A N/A -
340 YEMEN INS. YEMEN 1,260 1,050 - - - - - - -
341 SAAR MAURITANIA 1,190 1,100 N/A N/A N/A N/A N/A 60 -
342 SMAI ISLAMIC (2) MAURITANIA 1,180 1,120 N/A N/A N/A N/A N/A N/A -
343 OVERSEAS LEBANON 1,170 1,700 4,860 4,860 2,600 2,600 N/A 30 -
344 ORIENT / SYRIA SYRIA 1,140 780 3,790 2,650 1,720 1,100 630 70 36.63
345 AQEELAH TAFAFUL SYRIA 1,100 580 11,730 7,000 8,000 5,370 1,280 1,360 16.00
346 AGM MAURITANIA 1,020 930 2,150 2,100 1,310 1,280 110 70 8.40
347 AROPE SYRIA SYRIA 980 770 4,970 3,810 2,170 1,610 550 60 25.35
348 SYRIAN ISLAMIC SYRIA 940 460 3,930 2,700 1,150 960 220 50 19.13
349 GENERAL / SUDAN SUDAN 910 820 - - - - - - -
350 BYBLOS LEBANON 890 890 3,900 3,990 3,040 3,040 N/A 150 -
351 CIHAN IRAQ 890 750 - - - - - - -
352 CAR IRAQ 880 9,280 - - - - - - -
353 SKIC / GIG SYRIA 870 430 9,130 4,430 6,540 2,670 3,650 -20 55.81
354 ADIR / SYRIA SYRIA 600 360 2,690 1,930 1,560 1,310 250 50 16.03
355 SHATT ARAB IRAQ 590 5,800 N/A N/A N/A N/A N/A N/A -
356 SABA' YEMEN 490 540 N/A N/A N/A N/A - - -
357 AHLIA / IRAQ (1) IRAQ 460 460 - - - - - - -
358 AIG / LEBANON LEBANON 440 600 7,870 7,200 -180 140 -320 -1,800 177.78
359 AMEEN IRAQ 340 230 1,890 1,840 1,300 1,250 220 140 16.92
360 AL YAMAMA IRAQ 250 480 - N/A - N/A - N/A -
361 TADAMON IRAQ 250 250 N/A N/A N/A N/A N/A N/A -
362 TRUST / SYRIA SYRIA 220 180 3,120 2,500 1,200 1,080 70 10 5.83
363 MASEER IRAQ 140 200 - - - - - - -
364 SHARK IRAQ 130 50 - - - - - - -
365 IRAQ INTERNATIONAL (1) IRAQ 120 130 - 1,890 - 1,720 - 90 -
366 MIDDLE EAST / IRAQ IRAQ 120 270 - - - - - - -
367 AKHAA (1) IRAQ 100 60 - - - - - - -
368 ALARD (1) IRAQ 90 40 - - - - - - -
369 ANDALUS IRAQ 80 1,230 N/A N/A N/A N/A N/A N/A -
370 DAR AL IRAQ (1) IRAQ 70 30 - - - - - - -
371 GULF / IRAQ IRAQ 60 100 - - - - - - -
372 ELAF (1) IRAQ 60 30 - - - - - - -
373 MUFTIN (1) IRAQ 60 20 - - - - - - -
374 ETIHAD INT'L IRAQ 50 230 - - - - - - -
375 FAJR AL GULF (GIG) (3) LEBANON 40 40 - - - - - - -
376 AHLIA COOPERATIVE (11) KSA - 51,270 - 122,310 - 20,420 - 580 -
377 ARAB LIFE & ACCIDENT (8) JORDAN - 20,180 - 19,330 - 5,160 - -490 -
378 ALWIDD IRAQ - 13,100 N/A N/A N/A N/A N/A N/A -
379 BAHRIA LEBANON - 10,000 - - - - - - -
380 UNITED / EGYPT EGYPT - 2,980 - 2,930 - -4,600 - -790 -
381 ATI LEBANON - 1,200 - 4,830 - 1,550 - - -
382 TRUST / LEBANON (3) LEBANON - 960 - - - - - - -
383 KHAIR IRAQ - 170 - - - - - - -
384 RIHAM IRAQ - 130 - - - - - - -
385 KURDISTAN IRAQ - 30 - - - - - - -
386 STAR CAR IRAQ - 10 - - - - - - -
387 WAFA / KSA (3) KSA - - - - - - - - -
388 WATANIYA / EGYPT (9) EGYPT - - - - - - - - -
389 MADA (9) EGYPT - - - - - - - - -
TOTAL (US$ 000) 40,651,610 39,140,758 103,628,720 97,596,240 27,085,245 26,550,490 2,303,770 2,041,815 8.51

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
ST A T14