MENA zone reinsurers: ranking per 2022 turnover
Figures in millions of USD
| Rank | Company | Country | Turnover | |||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Total | Non-life | Life | Total | Non-life | Life | |||
| 1 | IGI | Jordan | 582 | 582 | - | 546 | 546 | - |
| 2 | Saudi Re | Saudi Arabia | 374 | 368 | 6 | 297 | 284 | 13 |
| 3 | SCR | Morocco | 330 | 321 | 9 | 282 | 269 | 13 |
| 4 | CCR | Algeria | 295 | 284 | 11 | 285 | 274 | 11 |
| 5 | Milli Re | Türkiye | 257 | 256 | 1 | 248 | 248 | - |
| 6 | Kuwait Re | Kuwait | 242 | 234 | 8 | 237 | 222 | 15 |
| 7 | Türk Reasürans | Türkiye | 228 | 228 | - | 159 | 159 | - |
| 8 | Hannover ReTakaful | Bahrain | 218 | 82 | 136 | 171 | 66 | 105 |
| 9 | Oman Re | Oman | 95 | 95 | - | 72 | 72 | - |
| 10 | Tunis Re | Tunisia | 63 | 59 | 4 | 57 | 53 | 4 |
| 11 | Arab Re | Lebanon | 61 | 50 | 11 | 61 | 49 | 12 |
| Total | 2 745 | 2 559 | 186 | 2 415 | 2 242 | 173 | ||
IGI : International General Ins., SCR: Société Centrale de réassurance, CCR: Compagnie Centrale de Réassurance
Source : Atlas Reinsurance Reports 2024
Read also | MENA reinsurance companies rating
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