Page 8 - 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 (%)
130 VISION OMAN 59,410 66,680 158,600 161,830 38,850 38,400 2,920 3,170 7.52
131 INSURANCE HOUSE UAE 59,130 64,300 91,100 91,100 37,060 35,960 3,000 4,350 8.09
132 EGYPTIAN TAKAFUL NON LIFE EGYPT 59,000 48,340 154,210 103,390 32,210 5,600 10,630 10,830 33.00
133 AMI TUNISIA 57,600 60,020 175,750 175,750 24,100 24,100 4,800 5,100 19.92
134 NATIONAL / IRAQ IRAQ 55,730 71,100 191,890 194,000 151,030 181,000 10,060 15,000 6.66
135 AHLIA / OMAN OMAN 55,310 62,190 209,640 213,740 103,450 102,590 11,410 10,680 11.03
136 MIDDLE EAST / JORDAN JORDAN 55,300 58,000 123,820 122,440 54,340 54,310 1,610 1,900 2.96 B+(AM Best)
137 NATIONAL / PALESTINE PALESTINE 54,910 52,100 134,150 116,420 49,970 42,160 7,810 7,100 15.63
138 BURUJ KSA 53,950 81,500 272,000 243,720 118,540 116,850 4,550 4,100 3.84 Baa2 (Moody’s)
139 SABB TAKAFUL KSA 53,780 41,380 251,100 232,590 77,550 85,700 -7,080 -5,090 -9.13
140 TRUST / LIBYA LIBYA 52,400 55,350 192,400 210,410 10,250 11,570 1,700 1,910 16.59
141 MATU MOROCCO 51,320 42,930 223,400 228,200 7,500 6,100 - - -
142 ALAMIYA (RSA) KSA 50,800 58,650 206,150 235,700 107,640 108,800 -1,640 4,000 -1.52
143 T’AZUR BAHRAIN 50,310 50,310 74,580 74,580 51,100 51,100 860 860 1.68
144 MAE TUNISIA 50,240 35,918 184,280 157,100 39,200 31,590 1,930 N/A 4.92
145 AFRICAN (1) LIBYA 49,100 49,100 60,600 60,600 10,550 10,550 - - -
146 LLOYD TUNISIEN TUNISIA 48,540 40,300 161,850 153,890 29,450 25,640 3,820 3,060 12.97
147 GENERAL TAKAFUL QATAR 48,530 52,700 110,220 119,000 27,560 33,800 4,060 10 14.73 B++ (AM Best)
148 ISLAMIC SUDAN 48,300 33,510 N/A N/A N/A N/A N/A N/A -
149 ADIR / LEBANON LEBANON 47,640 70,770 315,000 351,150 30,030 56,260 -31,100 510 -103.56
150 ARABIA FALCON (AFIC) OMAN 47,550 43,960 191,500 163,000 50,620 49,280 4,340 2,920 8.57 B++(AM Best)
151 QNB LIFE EGYPT 45,460 40,160 242,000 199,680 46,700 40,130 14,700 12,700 31.48
152 BH ASSURANCE TUNISIA 45,090 41,700 112,400 111,480 24,820 22,590 3,420 3,360 13.78
153 CARTE TUNISIA 44,800 27,050 132,830 120,000 47,420 42,400 4,420 3,080 9.32
154 SAUDI ENAYA / KSA KSA 44,240 41,080 110,730 116,900 32,200 39,770 -7,570 -28,300 -23.51
155 MUSCAT OMAN 43,720 47,970 120,620 139,970 43,480 42,260 920 -1,940 2.12
156 BIAT TUNISIA 43,480 43,520 170,320 174,470 13,610 14,670 3,200 4,150 23.51
157 MEDGULF / UAE UAE 43,210 39,200 - - - - - - -
158 IRAQ GENERAL IRAQ 42,310 48,100 N/A 170,750 N/A 176,960 N/A 14,180 -
159 ASSUREX LEBANON 41,920 27,190 157,540 81,300 29,650 31,100 -670 900 -2.26
160 MASHREK / LEBANON LEBANON 41,670 42,440 68,310 68,310 3,030 3,030 1,000 1,000 33.00
161 MEDGULF TAKAFUL (1) BAHRAIN 41,400 41,400 N/A N/A N/A N/A N/A N/A -
162 TAKAFUL / PALESTINE PALESTINE 41,180 42,880 80,730 70,860 20,890 18,350 2,220 2,100 10.63
163 GLOBAL UNITED PALESTINE 40,270 46,300 78,920 73,020 20,070 17,730 2,350 1,030 11.71
164 EGYPTIAN TAKAFUL LIFE EGYPT 40,000 39,300 61,410 51,490 15,920 13,710 1,630 560 10.24
165 ALLIANCE / ALGERIA ALGERIA 39,300 44,080 83,210 83,210 32,860 32,860 4,020 4,050 12.23
166 EURO ARAB JORDAN 38,700 41,830 52,400 51,870 16,760 15,780 1,720 1,400 10.26
167 SECURITE LEBANON 37,930 26,380 80,750 55,620 25,300 24,110 1,200 1,300 4.74
168 JOFICO JORDAN 37,190 42,890 45,000 47,400 17,820 17,300 2,010 2,030 11.28
169 DELTA EGYPT 37,070 26,100 66,390 51,620 30,120 23,510 7,250 5,810 24.07
170 CTAMA TUNISIA 37,060 32,310 99,100 124,100 16,100 17,000 N/A N/A -
171 ROYAL EGYPT 37,000 32,570 78,020 68,200 16,900 15,420 4,840 4,840 28.64
172 GULF UNION / BAHRAIN BAHRAIN 36,300 39,500 62,100 64,000 19,200 20,100 - - -
173 SAHAM ASSISTANCE MOROCCO 36,170 48,620 N/A N/A N/A N/A N/A N/A -
174 SEIB QATAR 36,000 50,000 81,000 108,000 32,000 36,000 1,400 1,400 4.38 BBB (S&P)
175 TRUST / ALGERIA ALGERIA 35,600 33,780 70,200 69,000 31,360 30,000 2,100 1,870 6.70
176 METLIFE / JORDAN JORDAN 35,000 36,750 101,400 101,345 20,170 20,170 5,780 5,780 28.66
177 SUEZ CANAL LIFE EGYPT 34,610 36,110 100,300 93,910 10,300 8,180 3,710 3,160 36.02
178 SALAMA ALGERIA 34,430 43,260 123,220 126,430 32,310 32,810 3,080 3,850 9.53
179 PALESTINE PALESTINE 34,160 26,800 64,360 48,210 12,440 10,200 1,190 480 9.57
180 CUMBERLAND LEBANON 33,490 29,600 46,700 52,810 8,720 10,600 -1,800 20 -20.64
181 SHARQ QATAR 33,400 30,000 80,250 78,500 49,400 47,000 4,800 4,100 9.72 BBB+ (S&P)
182 2a (GIG) ALGERIA 33,300 32,410 58,000 58,000 18,000 18,000 2,400 2,370 13.33
183 SAHARA LIBYA 32,400 37,100 46,100 49,300 10,800 11,020 - - -
184 GAM ALGERIA 32,200 31,800 36,700 36,100 15,600 15,600 2,800 2,750 17.95
185 ENAYA / KUWAIT (1) KUWAIT 32,000 32,000 68,000 68,000 37,000 37,000 - - -
186 WETHAQ TAFAFUL EGYPT 31,910 24,010 63,460 52,250 17,500 13,480 5,680 4,610 32.46
187 ISLAMIC / JORDAN JORDAN 31,820 34,280 58,530 56,040 31,580 28,910 4,630 2,550 14.66 A (Islamic R)
188 MOHANDES EGYPT 31,150 30,500 67,550 63,870 22,670 19,980 7,750 6,830 34.19
189 ATTIJARI TUNISIA 31,050 28,730 - - - - - - -
190 UNITED / JORDAN JORDAN 30,600 35,850 - 55,240 - 19,870 - 1,560 -
191 MASHREQ / PALESTINE PALESTINE 30,450 31,180 67,670 60,630 15,600 15,060 1,270 1,830 8.14
192 JERUSALEM JORDAN 30,350 29,390 51,660 50,700 20,060 19,840 1,680 1,750 8.37
193 ARABIA / JORDAN JORDAN 29,900 29,620 39,810 39,150 15,080 14,520 880 510 5.84 B+(AM Best)
194 ASCANA UAE 29,700 38,400 127,000 143,000 86,900 79,010 7,800 -1,360 8.98
195 AJIG JORDAN 29,500 30,500 37,050 36,680 12,440 11,380 1,770 1,420 14.23
196 SGBL INSURANCE LEBANON 29,410 38,180 261,490 197,970 112,730 81,420 -9,330 9,040 -8.28

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