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In thousands
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| Rank | Companies | Turnover 2025 | Turnover 2024 | 2024-2025 evolution (1) | ||
| SAR | USD | SAR | USD | |||
| 1 | Tawuniya | 23 841 612 | 6 352 836 | 19 821 546 | 5 274 315 | 20.30% |
| 2 | Bupa Arabia | 20 491 414 | 5 460 142 | 18 394 132 | 4 894 495 | 11.40% |
| 3 | Al Rajhi Takaful | 10 573 190 | 2 817 332 | 10 909 089 | 2 902 799 | -3.10% |
| 4 | Medgulf (2) | 3 583 960 | 955 090 | 3 731 146 | 992 821 | - |
| 5 | Walaa | 2 967 670 | 790 765 | 3 504 512 | 932 516 | -15.30% |
| 6 | Arabian Shield | 2 929 000 | 780 461 | 1 845 233 | 490 998 | 58.70% |
| 7 | Wataniya Insurance | 1 984 204 | 528 711 | 1 853 992 | 493 329 | 7% |
| 8 | Gulf Insurance Group | 1 590 122 | 423 704 | 1 463 642 | 389 460 | 8.60% |
| 9 | SAICO | 1 253 430 | 333 989 | 1 125 115 | 299 382 | 11.40% |
| 10 | Malath Insurance | 1 241 240 | 330 741 | 1 406 236 | 374 185 | -11.70% |
(1) Growth rate in local currency
(2) Data as of September 30, 2025
Exchange rate as of December 31, 2025: 1 SAR = 0.26646 USD; December 31, 2024: 1 SAR = 0.26609 USD
Sources: Company annual reports
Read also | Saudi insurance market
