Top car insurance companies in Saudi Arabia: ranking 2022
In thousands
| Rank | Companies | 2022 turnover | 2021 turnover | 2021-2022 evolution (1) | 2022 shares | ||
|---|---|---|---|---|---|---|---|
| En SAR | En USD | En SAR | En USD | ||||
| 1 | Al Rajhi Takaful | 1 722 598 | 458 728 | 1 657 700 | 441 446 | 3.91% | 16.82% |
| 2 | Tawuniya | 1 041 856 | 277 446 | 618 609 | 164 736 | 68.42% | 10.17% |
| 3 | Gulf Insurance Group | 799 139 | 212 811 | 737 604 | 196 424 | 8.34% | 7.80% |
| 4 | Medgulf | 741 640 | 197 499 | 431 536 | 114 918 | 71.86% | 7.24% |
| 5 | Salama | 624 070 | 166 190 | 351 481 | 93 599 | 77.55% | 6.09% |
| 6 | Al Etihad Cooperative | 594 854 | 158 410 | 383 511 | 102 129 | 55.11% | 5.81% |
| 7 | ACIG | 566 972 | 150 985 | 383 498 | 102 126 | 47.84% | 5.54% |
| 8 | Wataniya Insurance | 502 397 | 133 788 | 451 117 | 120 132 | 11.37% | 4.91% |
| 9 | Walaa | 440 645 | 117 344 | 610 554 | 162 591 | -27.83% | 4.30% |
| 10 | SAICO | 429 191 | 114 294 | 185 916 | 49 509 | 130.85% | 4.19% |
| 11 | Malath Insurance | 354 665 | 94 447 | 492 450 | 131 139 | -27.98% | 3.46% |
| 12 | UCA | 321 940 | 85 733 | 103 182 | 27 477 | 212.01% | 3.14% |
| 13 | Al Alamiya | 292 407 | 77 868 | 125 816 | 33 505 | 132.41% | 2.86% |
| 14 | Gulf General | 254 895 | 67 879 | 176 867 | 47 100 | 44.12% | 2.49% |
| 15 | Buruj Insurance | 241 236 | 64 241 | 166 407 | 44 314 | 44.97% | 2.36% |
| 16 | Allianz Saudi Fransi | 240 660 | 64 088 | 189 336 | 50 420 | 27.11% | 2.35% |
| 17 | Gulf Union Al Ahlia Cooperative Insurance | 224 157 | 59 693 | 229 690 | 61 166 | -2.41% | 2.19% |
| 18 | Al Sagr Cooperative | 191 141 | 50 901 | 233 843 | 62 272 | -18.26% | 1.87% |
| 19 | Arabia Insurance Cooperative | 163 810 | 43 622 | 145 226 | 38 674 | 12.80% | 1.60% |
| 20 | Arabian Shield | 128 571 | 34 238 | 109 893 | 29 265 | 17.00% | 1.25% |
| 21 | Alimna Tokio Marine | 113 456 | 30 213 | 84 172 | 22 415 | 34.79% | 1.11% |
| 22 | Aljazira Takaful Taawuni | 112 289 | 29 903 | 15 589 | 4 151 | 620.31% | 1.10% |
| 23 | Amana Cooperative | 81 643 | 21 742 | 119 232 | 31 751 | -31.53% | 0.80% |
| 24 | Chubb Arabia | 56 656 | 15 088 | 62 658 | 16 686 | -9.58% | 0.55% |
| Total companies | 10 240 888 | 2 727 148 | 8 065 886 | 2 147 945 | 26.97% | 100.00% | |
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