Saudi ArabiaMiddle East & Gulf · SA · SAR

Saudi Arabia

السعودية

26 licensed entities supervised by the Insurance Authority.

Listed insurers
26
Insurance classes
4
Groups present
7
Illustrated collage of Saudi Arabia, inspired by Diriyah, Riyadh, Al-'Ula.
Saudi Arabia
INSURERS.GLOBAL / SAAn illustrated portrait · AI-created artwork

Reinsurance tax on foreign reinsurers

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A sense of place

Beyond the numbers.

Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.

Local names, languages & illustration notes

Selected local names and languages, with links to the references behind this artistic composition.

Saudi ArabiaSaudi Arabia

Arabic
السعودية

Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Domestic private19 73%
  • Foreign multinational6 23%
  • State-owned / parastatal1 4%

Verification log

Verified - listed population · 26 Tadawul-listed insurers (all IA-licensed) + Saudi Re

Added ACIG and Gulf General; Enaya and Al Ahlia shown as merged

Licensed insurers in Saudi Arabia

Scroll horizontally to compare columns.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Al Sagr CooperativeTadawul: 8180CCompositeAl SagrDomestic privateIAVerified—
Al-Etihad CooperativeCCompositeAl-EtihadDomestic privateIAVerified—
Allianz Saudi Fransi (ADNIC-controlled)
Allianz sold majority 2022
CCompositeADNICForeign multinationalIAVerified—
Allied Cooperative Insurance Group (ACIG)Tadawul: 8150CCompositeACIGDomestic privateIAVerified—
Amana CooperativeCCompositeAmanaDomestic privateIAVerified—
Arabia Insurance Cooperative (AICC)CCompositeArabiaDomestic privateIAVerified—
Arabian Shield CooperativeTadawul: 8070CCompositeArabian ShieldDomestic privateIAVerified—
Buruj CooperativeCCompositeBurujDomestic privateIAVerified—
Chubb ArabiaCCompositeChubbIAIGForeign multinationalIAVerified—
GIG Saudi (ex-AXA Cooperative)Boursa Kuwait: GIGCCompositeGulf Insurance Group / FairfaxIAIGForeign multinationalIAVerified79 Confidence: Low
Gulf General CooperativeCCompositeGulf GeneralDomestic privateIAVerified—
Gulf Union AlahliaTadawul: 8120
Merger of Gulf Union and Al Ahlia
CCompositeGulf UnionDomestic privateIAVerified—
Liva Insurance KSA (ex-Al Alamiya / RSA)CCompositeLiva GroupForeign multinationalIAVerified—
Malath CooperativeTadawul: 8020CCompositeMalathDomestic privateIAVerified—
MedgulfTadawul: 8030CCompositeMedgulfDomestic privateIAVerified—
Saudi Arabian Cooperative (SAICO)Tadawul: 8100CCompositeSAICODomestic privateIAVerified—
Tawuniya (Company for Cooperative Insurance)State-owned
Largest
CCompositePIF / GOSIState-owned / parastatalIAVerified—
United Cooperative Assurance (UCA)
Absorbed Saudi Enaya
CCompositeUCADomestic privateIAVerified—
Walaa Cooperative InsuranceTadawul: 8060
Absorbed SABB Takaful and MetLife AIG ANB
CCompositeWalaaDomestic privateIAVerified—
Wataniya InsuranceCCompositeWataniyaDomestic privateIAVerified—
Bupa ArabiaHHealth / MedicalBupa / NazerForeign multinationalIAVerified—
Saudi ReTadawul: 8200RReinsurerSaudi ReDomestic privateIAVerified70 Confidence: Low
Al Rajhi TakafulTadawul: 1120TTakaful / IslamicAl RajhiDomestic privateIAVerified—
Aljazira Takaful TaawuniTadawul: 1020TTakaful / IslamicBank AljaziraDomestic privateIAVerified—
Salama Cooperative InsuranceTadawul: 8050TTakaful / IslamicSalamaDomestic privateIAVerified—
Solidarity Saudi TakafulTTakaful / IslamicSolidarity (Bahrain)Foreign multinationalIAVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

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