Insurers.global

Licensed list · Asia-Pacific · Middle East & Gulf · SA

Licensed insurance companies in Saudi Arabia (2026)

VerifiedVerified against the IA register, checked 4 Sept 2026.

The 26 insurance companies licensed in Saudi Arabia in 2026, as recorded by the Insurance Authority (IA), with the class of business and ownership each one is registered under.

26Licensed operators
0Life0% of entities
0General (non-life)0% of entities
6Cross-border groups20 domestically owned

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%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Saudi Arabia

Showing 25 of 26 entities. The full, filterable table is on the country page; every row is in the JSON below.

InsurerClassOwnershipGroupVerification
Chubb ArabiaCCompositeForeign multinationalChubbVerified
GIG Saudi (ex-AXA Cooperative)CCompositeForeign multinationalGulf Insurance Group / FairfaxVerified
Al Sagr CooperativeCCompositeDomestic privateAl SagrVerified
Arabia Insurance Cooperative (AICC)CCompositeDomestic privateArabiaVerified
MedgulfCCompositeDomestic privateMedgulfVerified
Salama Cooperative InsuranceTTakaful / IslamicDomestic privateSalamaVerified
United Cooperative Assurance (UCA)CCompositeDomestic privateUCAVerified
Al Rajhi TakafulTTakaful / IslamicDomestic privateAl RajhiVerified
Al-Etihad CooperativeCCompositeDomestic privateAl-EtihadVerified
Aljazira Takaful TaawuniTTakaful / IslamicDomestic privateBank AljaziraVerified
Allianz Saudi Fransi (ADNIC-controlled)CCompositeForeign multinationalADNICVerified
Allied Cooperative Insurance Group (ACIG)CCompositeDomestic privateACIGVerified
Amana CooperativeCCompositeDomestic privateAmanaVerified
Arabian Shield CooperativeCCompositeDomestic privateArabian ShieldVerified
Bupa ArabiaHHealth / MedicalForeign multinationalBupa / NazerVerified
Buruj CooperativeCCompositeDomestic privateBurujVerified
Gulf General CooperativeCCompositeDomestic privateGulf GeneralVerified
Gulf Union AlahliaCCompositeDomestic privateGulf UnionVerified
Liva Insurance KSA (ex-Al Alamiya / RSA)CCompositeForeign multinationalLiva GroupVerified
Malath CooperativeCCompositeDomestic privateMalathVerified
Saudi Arabian Cooperative (SAICO)CCompositeDomestic privateSAICOVerified
Saudi ReRReinsurerDomestic privateSaudi ReVerified
Solidarity Saudi TakafulTTakaful / IslamicForeign multinationalSolidarity (Bahrain)Verified
Tawuniya (Company for Cooperative Insurance)CCompositeState-owned / parastatalPIF / GOSIVerified
Walaa Cooperative InsuranceCCompositeDomestic privateWalaaVerified

Full table for Saudi Arabia ↗

Regulatory intelligence: Saudi Arabia

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Supervisor
Insurance Authority IA
Regime
Cooperative Insurance Companies Control Law (Royal Decree M/32, 2003); Insurance Authority since November 2023, taking over from SAMA; cooperative model
Register source
26 Tadawul-listed insurers (all IA-licensed) + Saudi Re
Verification
Verified against the regulator register · 26 Tadawul-listed insurers (all IA-licensed) + Saudi Re

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Council of Ministers Resolution 85 of 15 August 2023 · Institutional and insurance framework

    The resolution establishes the Insurance Authority as the sector’s independent regulator, with a mandate covering stability, efficiency and development.

Verification log

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

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/saudi-arabia.json
curl -s https://insurers.global/api/v1/countries/saudi-arabia/insurers/pages/1.json
  • MCP: connect https://insurers.global/mcp and call get_country_summary with { "country": "saudi-arabia" }, or list_insurers with country, limit and offset for paged rows.
  • OpenAPI 3.1: /api/v1/openapi.json · WebMCP: /.well-known/webmcp.json · Guide: /ai/ · llms.txt
  • Dataset version 2026-09-08+3f3925fad259; every response carries version, verified and licence.