Magazine date:
Dec 2017 Ranking 2016 of the main reinsurers in the Middle East(1)
in thousands USD| 2016 ranking | 2015 ranking | Company | Country | Turnover | Shareholder’s equity | Net result | A.M. Best rating | S&P rating |
|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Trust Re | Bahrain | 481 701 | 487 251 | 18 791 | A- | A- |
| 2 | 4 | Saudi Re | Saudi Arabia | 262 875 | 214 806 | 4 925 | - | BBB+ |
| 3 | 3 | ARIG | Bahrain | 245 431 | 256 634 | 10 151 | A- | - |
| 4 | 2 | IGI | UAE | 231 428 | 311 205 | 32 069 | A- | A- |
| 5 | 5 | Hannover ReTakaful | Bahrain | 160 862 | 175 877 | 10 904 | - | A+ |
| 6 | 6 | Kuwait Re | Kuwait | 96 307 | 140 003 | 6 396 | A- | - |
| 7 | 7 | Arab Re | Lebanon | 66 573 | 101 931 | 4 122 | B+ | - |
| 8 | 8 | Emirates Retakaful | UAE | 63 920 | 100 710 | -18 000 | B++ | - |
| 9 | - | Iraq Reinsurance | Iraq | 25 800 | 18 150 | 2 320 | - | - |
| 10 | 11 | Oman Re | Oman | 23 698 | 58 340 | -1 259 | B+ | - |
| 11 | - | Arab Union Re | Syria | 3 324 | NA | 1 109 | - | - |
| 12 | 10 | ACR ReTakaful MEA | Bahrain | 1 369 | 105 787 | -999 | B++ | - |
NA : Not Available
