Magazine date:
Jul 2020 Figures in thousands
| Rank | Company | Country | 2018 | 2017 | 2017-2018 evolution (1) | ||
|---|---|---|---|---|---|---|---|
| Local currency | USD | Local currency | USD | ||||
| 1 | Mutuelle Attamine Chaabi (MAC) | Morocco | 4 253 000 | 444 700 | 3 678 200 | 391 700 | 15.6% |
| 2 | Misr Life Insurance Company | Egypt | 3 974 449 | 221 814 | 3 306 278 | 182 176 | 20.2% |
| 3 | La Marocaine Vie | Morocco | 1 825 500 | 190 900 | 1 723 600 | 183 600 | 5.9% |
| 4 | Metlife Egypt | Egypt | 2 374 033 | 132 495 | 2 173 927 | 119 783 | 9.2% |
| 5 | Allianz Life Egypt | Egypt | 1 977 820 | 110 382 | 1 538 788 | 84 787 | 28.5% |
| 6 | Axa Life Egypt | Egypt | 1 598 558 | 89 216 | 1 297 792 | 71 508 | 23.2% |
| 7 | Attijari Assurance | Tunisia | 86 500 | 28 700 | 67 200 | 27 100 | 28.7% |
| 8 | QNB Alahli Life Insurance | Egypt | 501 267 | 27 976 | 387 313 | 21 341 | 29.4% |
| 9 | Suez Canal Life Insurance | Egypt | 415 980 | 23 216 | 551 089 | 30 365 | -24.5% |
Read also | Ranking of insurance companies in North Africa [4]
| 10 | Egyptian Life Takaful Insurance | Egypt | 415 271 | 23 176 | 349 209 | 19 241 | 18.9% |
| 11 | Cardif El-Djazair | Algeria | 2 603 000 | 21 800 | 2 441 000 | 21 000 | 6.6% |
| 12 | Maghrebia Vie | Tunisia | 58 500 | 19 400 | 50 300 | 20 300 | 16.3% |
| 13 | Carte Vie | Tunisia | 53 200 | 17 700 | 40 500 | 16 300 | 31.4% |
| 14 | SAPS | Algeria | 2 066 000 | 17 300 | 2 075 000 | 17 900 | -0.4% |
| 15 | AXA Assurances Algerie Vie | Algeria | 2 046 000 | 17 100 | 2 469 000 | 21 300 | -17.1% |
| 16 | Delta Life Assurance | Egypt | 287 340 | 16 036 | 124 734 | 6 873 | 130.4% |
| 17 | Assurances Hayett | Tunisia | 44 300 | 14 700 | 45 700 | 18 400 | -3.1% |
| 18 | Caarama Assurance | Algeria | 1 695 000 | 14 200 | 2 129 000 | 18 400 | -20.4% |
| 19 | GAT Vie | Tunisia | 41 800 | 13 900 | 26 500 | 10 700 | 57.7% |
| 20 | Chubb Life Egypt | Egypt | 228 021 | 12 726 | 162 483 | 8 953 | 40.3% |
| 21 | Macir Vie | Algeria | 1 413 000 | 11 800 | 1 434 000 | 12 400 | -1.5% |
| 22 | AGLIC | Algeria | 1 302 000 | 10 900 | 532 000 | 4 600 | 144.7% |
| 23 | TALA | Algeria | 1 119 000 | 9 400 | 1 850 000 | 15 900 | -39.5% |
| 24 | Libano-Suisse Takaful | Egypt | 125 254 | 6 990 | 80 571 | 4 439 | 55.5% |
| 25 | Mohandes Life Insurance Company | Egypt | 91 931 | 5 131 | 84 417 | 4 651 | 8.9% |
| 26 | Misr Emirates Takaful Life Insurance Co | Egypt | 87 701 | 4 895 | 47 105 | 2 595 | 86.2% |
| 27 | Le Mutualiste | Algeria | 482 000 | 4 000 | 504 000 | 4 300 | -4.4% |
| 28 | Arope Life Insurance | Egypt | 54 203 | 3 025 | 43 079 | 2 374 | 25.8% |
| 29 | Tokio Marine Egypt Family Takaful | Egypt | 33 516 | 1 871 | 31 278 | 1 723 | 7.2% |
(1) Growth rate in local currency
Exchange rate 2017 :
- at 31/12- Algeria DZD/USD: 0.00862 - Morocco MAD/USD: 0.1065 - Tunisia TND/USD: 0.40329
- at 30/06: Egypt EGP/USD: 0.0551
Exchange rate 2018 :
- at 31/12- Algeria DZD/USD: 0.00837 - Morocco MAD/USD: 0.10456 - Tunisia TND/USD: 0.33224
- at 30/06: Egypt EGP/USD: 0.05581
Read also | Insurance companies in Africa [5]
