MENA: insurance market slowdown in 2018
MENA's market share in the global insurance also declined, going from 1.18% in 2017 down to 1.09% in 2018.
The United Arab Emirates, Turkey, Iran, and Saudi Arabia, still heading the ranking, accounted for 70.33% of the total premiums reported.
In millions USDGlobal ranking | Country | Premiums | 2017/2018 evolution | Market shares 2018 | ||
---|---|---|---|---|---|---|
2018 | 2017 | 2018 | 2017 | |||
37 | 36 | United Arab Emirates | 12461 | 12204 | 2.10% | 21.87% |
41 | 39 | Turkey | 10452 | 12054 | -15.30% | 18.35% |
39 | 41 | Saudi Arabia | 9463 | 9734 | -2.90% | 16.61% |
44 | 42 | Iran | 7688 | 9054 | -17.80% | 13.50% |
54 | 50 | Morocco | 4579 | 3997 | 12.70% | 8.04% |
51 | - | Qatar | 3038 | 2941 | 3.20% | 5.33% |
70 | 60 | Lebanon | 1604 | 1522 | 5.10% | 2.82% |
73 | 62 | Egypt | 1579 | 1618 | -2.50% | 2.77% |
62 | 82 | Kuwait | 1307 | 1119 | 14.40% | 2.29% |
75 | 69 | Algeria | 1189 | 1223 | -2.90% | 2.09% |
63 | 70 | Oman | 1116 | 1063 | 4.70% | 1.96% |
82 | 81 | Jordan | 895 | 836 | 6.60% | 1.57% |
83 | 83 | Tunisia | 870 | 856 | 1.60% | 1.53% |
88 | 86 | Bahrain | 724 | 715 | 1.20% | 1.27% |
Total MENA | 56965 | 58936 | -3.50% | 100.00% | ||
Total World | 5193225 | 4957507 | 4.50% |
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Fri, 12/07/2019 - 13:04
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