Ratios of regional and local reinsurers in the MENA region: 2015-2017
Company | Country | Loss ratio | Combined ratio | ||||||
---|---|---|---|---|---|---|---|---|---|
2015 | 2016 | 2017 | Average* | 2015 | 2016 | 2017 | Average* | ||
Trust Re | Bahrain | 65 | 68 | 69 | 67 | 97 | 98 | 101 | 99 |
Milli Re | Turkey | 88 | 75 | 76 | 80 | 121 | 108 | 111 | 114 |
Compagnie Centrale de Réassurance | Algeria | 47 | 51 | 51 | 49 | 79 | 81 | 83 | 81 |
Saudi Re | Saudi Arabia | 47 | 51 | 51 | 50 | 79 | 81 | 82 | 81 |
ARIG | Bahrain | 66 | 61 | 69 | 65 | 105 | 101 | 104 | 103 |
Société Centrale de Réassurance | Morocco | 58 | 78 | 67 | 71 | 93 | 98 | 100 | 98 |
Hannover ReTakaful | Bahrain | 70 | 70 | 61 | 67 | 103 | 101 | 95 | 100 |
Kuwait Re | Kuwait | 60 | 65 | 67 | 64 | 96 | 97 | 98 | 97 |
Arab Re | Lebanon | 69 | 73 | 77 | 73 | 102 | 108 | 107 | 106 |
Tunis Re | Tunisia | 51 | 53 | 65 | 56 | 91 | 94 | 104 | 96 |
Oman Re | Oman | 98 | 55 | 62 | 69 | 155 | 101 | 104 | 117 |
* Average of the last 5 years | Source: AM Best et rapports compagnies |
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