Saudi insurance sector in 2017: list of top 30 companies per turnover

2017 ranking of saudi insurance companies per turnover

in thousands

	2017 turnover		2016 turnover		2017 shares	2016-2017 evolution⁽²⁾
	In SAR	In USD	In SAR	In USD	2017 shares	2016-2017 evolution⁽²⁾
Tawuniya	8 406 669	2 242 899	8 055 135	2 148 627	23.7%	4.4%
Bupa Arabia	7 732 961	2 063 154	7 938 630	2 117 550	21.8%	-2.6%
AlRajhi Takaful	3 193 474	852 019	1 948 650	519 783	9.0%	63.9%
Medgulf	2 665 838	711 246	3 194 334	852 057	7.5%	-16.5%
AXA Cooperative	1 499 477	400 060	1 153 974	307 811	4.2%	29.9%
Walaa	1 102 332	294 102	1 016 608	271 170	3.1%	8.4%
Allianz Saudi Franzi	925 537	246 933	836 272	223 067	2.6%	10.7%
Trade Union	831 249	221 777	954 483	254 599	2.4%	-12.9%
SAICO	804 577	214 661	801 506	213 794	2.3%	0.4%
Salama	750 691	200 284	571 353	152 403	2.1%	31.4%
Malath Insurance	726 978	193 958	2 167 856	578 254	2.1%	-66.5%
Arabian Shield	593 078	158 233	754 470	201 247	1.7%	-21.4%
United Cooperative Assurance (UCA)	580 565	154 895	819 595	218 619	1.6%	-29.2%
Wataniya	578 701	154 397	507 708	135 426	1.5%	14.0%
Buruj	511 509	136 471	437 566	116 716	1.4%	16.9%
WAFA Insurance⁽³⁾	499 995	133 399	550 807	146 922	1.4%	-9.2%
Allied Cooperative Insurance Group (ACIG)	429 972	114 717	510 618	136 202	1.2%	-15.8%
Gulf Union	359 627	95 948	277 376	73 987	1.0%	29.7%
MetLife AIG ANB	354 880	94 682	208 090	55 506	1.0%	70.5%
ATC Alahli Takaful	353 113	94 211	353 279	94 234	1.0%	-0.05%
Sagr Insurance	329 307	87 859	176 014	46 950	0.9%	87.1%
Arabia Insurance Cooperative (AICC)	314 391	83 880	419 191	111 815	0.9%	-25.0%
Alinma Tokio M	296 723	79 166	321 888	85 860	0.9%	-7.8%
Saudi Enaya	274 822	73 322	128 825	34 363	0.8%	113.3%
Al Alamiya	263 369	70 267	310 751	82 890	0.8%	-15.2%
Chubb Arabia Cooperative	220 498	58 829	214 837	57 306	0.6%	2.6%
Gulf General	185 627	49 525	255 152	68 059	0.6%	-27.2%
Al-Ahlia Insurance	183 219	48 883	167 142	44 583	0.6%	9.6%
SABB Takaful	175 084	46 712	194 368	51 846	0.5%	-9.9%
Solidarity	136 134	36 321	262 447	70 005	0.4%	-48.1%
AlJazira Takaful Taawuni	85 620	22 843	82 655	22 047	0.2%	3.6%
Amana Insurance	71 967	19 201	169 866	45 310	0.2%	-57.6%
Total	35 437 984	9 454 854	35 761 446	9 539 008	100%	-0.9%

^*This ranking does not include the 2016-2017 premiums of Weqaya Takaful and Sanad whose activities were suspended.
⁽²⁾ Growth rate in local currency
⁽³⁾ Ex Saudi Indian Company for Cooperative Insurance

Saudi insurance sector: markets shares of the top 10 companies in 2017

Saudi Arabia 2017 shares companies

⁽¹⁾ 22 compagnies Source : Tadawul : the Saudi stock exchange

Exchange rate SAR/USD as at 31/12	2017	2016
Exchange rate SAR/USD as at 31/12	0.2668	0.26674

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Thu, 24/05/2018 - 10:14

Saudi insurance sector in 2017: list of top 30 companies per turnover

2017 ranking of saudi insurance companies per turnover

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