Middle Eastern reinsurers: net combined ratios 2020

CompanyCountryNet combined ratiosAverage combined ratio
201820192020
IGI
Jordan88.97%93.89%88.21%90.36%
Saudi Re
Saudi Arabia93.19%99.87%92.48%95.18%
Milli Re
Turkey124%117%117%119.33%
Hannover ReTakaful
Bahrain101.60%102.80%100.40%101.60%
Kuwait Re
Kuwait95.76%94.21%97.81%95.93%
Turk Re *
Turkey--87%87%
Oman Re
Oman91.50%101.69%97.94%97.04%
Arab Re
Lebanon105.40%105.70%104.00%105.03%
Total100.06%102.17%98.11%100.11%

* Company created in 2019

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