Middle East & Gulf · SA · SAR

Saudi Arabia

26 licensed entities supervised by the Insurance Authority.

Verified against regulator register /api/v1/countries/saudi-arabia.json

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

CompanyClassParent / groupOwnershipRegulatorVerification
Al Sagr CooperativeCCompositeAl SagrDomestic privateIAVerified
Al-Etihad CooperativeCCompositeAl-EtihadDomestic privateIAVerified
Allianz Saudi Fransi (ADNIC-controlled)
Allianz sold majority 2022
CCompositeADNICForeign multinationalIAVerified
Allied Cooperative Insurance Group (ACIG)CCompositeACIGDomestic privateIAVerified
Amana CooperativeCCompositeAmanaDomestic privateIAVerified
Arabia Insurance Cooperative (AICC)CCompositeArabiaDomestic privateIAVerified
Arabian Shield CooperativeCCompositeArabian ShieldDomestic privateIAVerified
Buruj CooperativeCCompositeBurujDomestic privateIAVerified
Chubb ArabiaCCompositeChubbIAIGForeign multinationalIAVerified
GIG Saudi (ex-AXA Cooperative)CCompositeGulf Insurance Group / FairfaxIAIGForeign multinationalIAVerified
Gulf General CooperativeCCompositeGulf GeneralDomestic privateIAVerified
Gulf Union Alahlia
Merger of Gulf Union and Al Ahlia
CCompositeGulf UnionDomestic privateIAVerified
Liva Insurance KSA (ex-Al Alamiya / RSA)CCompositeLiva GroupForeign multinationalIAVerified
Malath CooperativeCCompositeMalathDomestic privateIAVerified
MedgulfCCompositeMedgulfDomestic privateIAVerified
Saudi Arabian Cooperative (SAICO)CCompositeSAICODomestic privateIAVerified
Tawuniya (Company for Cooperative Insurance)
Largest
CCompositePIF / GOSIState-owned / parastatalIAVerified
United Cooperative Assurance (UCA)
Absorbed Saudi Enaya
CCompositeUCADomestic privateIAVerified
Walaa Cooperative Insurance
Absorbed SABB Takaful and MetLife AIG ANB
CCompositeWalaaDomestic privateIAVerified
Wataniya InsuranceCCompositeWataniyaDomestic privateIAVerified
Bupa ArabiaHHealth / MedicalBupa / NazerForeign multinationalIAVerified
Saudi ReRReinsurerSaudi ReDomestic privateIAVerified
Al Rajhi TakafulTTakaful / IslamicAl RajhiDomestic privateIAVerified
Aljazira Takaful TaawuniTTakaful / IslamicBank AljaziraDomestic privateIAVerified
Salama Cooperative InsuranceTTakaful / IslamicSalamaDomestic privateIAVerified
Solidarity Saudi TakafulTTakaful / IslamicSolidarity (Bahrain)Foreign multinationalIAVerified