Ranking of life insurance companies in North Africa per turnover - 2018

Figures in thousands

Rank	Company	Country	2018		2017		2017-2018 evolution ⁽¹⁾
Rank	Company	Country	Local currency	USD	Local currency	USD	2017-2018 evolution ⁽¹⁾
1	Mutuelle Attamine Chaabi (MAC)	Morocco	4 253 000	444 700	3 678 200	391 700	15.6%
2	Misr Life Insurance Company	Egypt	3 974 449	221 814	3 306 278	182 176	20.2%
3	La Marocaine Vie	Morocco	1 825 500	190 900	1 723 600	183 600	5.9%
4	Metlife Egypt	Egypt	2 374 033	132 495	2 173 927	119 783	9.2%
5	Allianz Life Egypt	Egypt	1 977 820	110 382	1 538 788	84 787	28.5%
6	Axa Life Egypt	Egypt	1 598 558	89 216	1 297 792	71 508	23.2%
7	Attijari Assurance	Tunisia	86 500	28 700	67 200	27 100	28.7%
8	QNB Alahli Life Insurance	Egypt	501 267	27 976	387 313	21 341	29.4%
9	Suez Canal Life Insurance	Egypt	415 980	23 216	551 089	30 365	-24.5%

10	Egyptian Life Takaful Insurance	Egypt	415 271	23 176	349 209	19 241	18.9%
11	Cardif El-Djazair	Algeria	2 603 000	21 800	2 441 000	21 000	6.6%
12	Maghrebia Vie	Tunisia	58 500	19 400	50 300	20 300	16.3%
13	Carte Vie	Tunisia	53 200	17 700	40 500	16 300	31.4%
14	SAPS	Algeria	2 066 000	17 300	2 075 000	17 900	-0.4%
15	AXA Assurances Algerie Vie	Algeria	2 046 000	17 100	2 469 000	21 300	-17.1%
16	Delta Life Assurance	Egypt	287 340	16 036	124 734	6 873	130.4%
17	Assurances Hayett	Tunisia	44 300	14 700	45 700	18 400	-3.1%
18	Caarama Assurance	Algeria	1 695 000	14 200	2 129 000	18 400	-20.4%
19	GAT Vie	Tunisia	41 800	13 900	26 500	10 700	57.7%
20	Chubb Life Egypt	Egypt	228 021	12 726	162 483	8 953	40.3%
21	Macir Vie	Algeria	1 413 000	11 800	1 434 000	12 400	-1.5%
22	AGLIC	Algeria	1 302 000	10 900	532 000	4 600	144.7%
23	TALA	Algeria	1 119 000	9 400	1 850 000	15 900	-39.5%
24	Libano-Suisse Takaful	Egypt	125 254	6 990	80 571	4 439	55.5%
25	Mohandes Life Insurance Company	Egypt	91 931	5 131	84 417	4 651	8.9%
26	Misr Emirates Takaful Life Insurance Co	Egypt	87 701	4 895	47 105	2 595	86.2%
27	Le Mutualiste	Algeria	482 000	4 000	504 000	4 300	-4.4%
28	Arope Life Insurance	Egypt	54 203	3 025	43 079	2 374	25.8%
29	Tokio Marine Egypt Family Takaful	Egypt	33 516	1 871	31 278	1 723	7.2%

⁽¹⁾ Growth rate in local currency

Exchange rate 2017 :
- at 31/12- Algeria DZD/USD: 0.00862 - Morocco MAD/USD: 0.1065 - Tunisia TND/USD: 0.40329
- at 30/06: Egypt EGP/USD: 0.0551
Exchange rate 2018 :
- at 31/12- Algeria DZD/USD: 0.00837 - Morocco MAD/USD: 0.10456 - Tunisia TND/USD: 0.33224
- at 30/06: Egypt EGP/USD: 0.05581

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Wed, 09/09/2020 - 14:55

Ranking of life insurance companies in North Africa per turnover - 2018

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