Magazine date:
Dec 2016 The reinsurance market in 2015: Major Middle Eastern reinsurers
in thousands USDRanking 2015 | Ranking 2014 | Company | Country | Turnover | Shareholder's equity | Combined ratio | A.M. Best rating | S&P rating |
---|---|---|---|---|---|---|---|---|
1 | 2 | Trust Re | Bahrain | 475 929 | 429 586 | 96% | A- | A- |
2 | - | IGI | United Arab Emirates | 242 335 | 284 865 | 84% | A- | A- |
3 | 3 | ARIG | Bahrain | 220 400 | 244 248 | 109% | B++ | - |
4 | 5 | Saudi Re | Saudi Arabia | 214 607 | 213 890 | 80% | - | BBB+ |
5 | 4 | Hannover ReTakaful | Bahrain | 184 751 | 161 794 | 90.3% | - | A+ |
6 | 6 | Kuwait Re | Kuwait | 130 782 | 138 766 | 95% | A- | - |
7 | 8 | Arab Re | Lebanon | 79 347 | 97 845 | 99% | B+ | - |
8 | 7 | Emirates Retakaful | United Arab Emirates | 62 682 | 117 502 | 97% | B++ | - |
9 | 9 | Gulf Re | United Arab Emirates | 42 300 | - | - | A- | - |
10 | 10 | ACR ReTakaful MEA | Bahrain | 37 833 | 103 755 | 121% | B++ | - |
11 | 12 | Oman Re | Oman | 19 844 | 58 383 | - | - | - |