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MENA insurers: assets increase in 2020

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Magazine Issue: 
2020, what a waste! [3]
Magazine date: 
May 2021

moneyIn 2020, the five main insurers listed in the MENA region recorded a 7% increase in their assets. The latter went from 24.5 billion USD in 2019 to 26.2 billion USD one year later. Qatar Insurance Company (QIC) ranks first with total assets of 11.7 billion USD by late 2020.

Wafa Assurance Maroc (Morocco) and Tawuniya (Saudi Arabia) hold the second and third positions with 5 billion USD and 3.8 billion USD of assets respectively.

The companies Bupa Arabia (Saudi Arabia) and Gulf Insurance Group (Kuwait) rank fourth and fifth.

Read also | MENA insurance market in 2019 [4]

Thu, 06/05/2021 - 13:24

Source URL: https://www.atlas-mag.net/en/article/mena-insurers-assets-increase-in-2020

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[3] https://www.atlas-mag.net/en/issue/2020-a-lost-year
[4] https://www.atlas-mag.net/en/article/mena-insurance-market-in-2019-turnover-by-country