Saudi Arabia: Top 5 insurance companies per 2017 turnover

Figures in thousands
 2017 turnover2016 turnover2017 shares2016-2017
(1)
evolution
 In SARIn USDIn SARIn USD
Tawuniya
8 406 6692 242 8998 055 1352 148 62723.72%4.36%
Bupa Arabia
7 732 9612 063 1547 938 6302 117 55021.82%-2.59%
Al Rajhi Takaful
3 193 474852 0191 948 650519 7839.01%63.88%
Medgulf
2 665 838711 2463 194 334852 0577.52%-16.54%
AXA Cooperative
1 499 477400 0601 153 974307 8114.23%29.94%
Total top 5 companies
23 498 4196 269 37822 290 7235 945 82866.31%5.42%
Rest of the market (2)
11 939 5653 185 47613 470 7233 593 18033.69%-11.37%
Total market
35 437 9849 454 85435 761 4469 539 008100%-0,90%

(1) Growth rate in local currency
(2) 28 companies
Exchange rate as at 31/12/2017 : 1 SAR = 0.2668 USD; at 31/12/2016 : 1 SAR = 0.26674 USD

Read also | Insurance companies in Saudi Arabia: Ranking 2018

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