English
Français
The thirteen insurance companies authorized by monetary officials make up a capital of 2.5 billion SAR (667 million USD). 25 to 40% of these companies capital will be proposed to Saudi underwriters.
The capital of the authorized companies is spread out as follows:- 600 million SAR (160 million USD): The Mediterranean & Gulf Insurance & Reinsurance Co. (MedGulf).
- 400 millions SAR (107 millions USD): BUPA Arabia
- 200 millions SAR (53 millions USD): Al-Alamiya Insurance Co., United Cooperative Assurance Co. (UCA), Arabian Shield Insurance Co.,
- 100 millions SAR (27 millions USD): Saudi-Indian Insurance Company, Tokio Marine & Nichido, Saudi National Insurance Co., AXA Insurance Company, Saab Takaful Company, Saudi-French Insurance Company, National Takaful Co.