Top 10 insurance companies in Kuwait - ranking per 2018 turnover
In thousands
| Rank | Insurance companies | 2018 turnover | 2017 turnover | 2017-2018 Evolution* | 2018 market shares | |||
|---|---|---|---|---|---|---|---|---|
| 2018 | 2017 | KWD | USD | KWD | USD | |||
| 1 | 1 | Gulf Insurance | 335 745 | 1 101 097 | 304 779 | 1 006 586 | 10.16% | 53.04% |
| 2 | 2 | Al Ahleia Insurance | 83 982 | 275 425 | 71 980 | 237 728 | 16.67% | 13.27% |
| 3 | 3 | Kuwait Insurance | 36 379 | 119 306 | 37 811 | 124 878 | -3.79% | 5.75% |
| 4 | 4 | Warba Insurance | 28 552 | 93 638 | 30 817 | 101 778 | -7.35% | 4.51% |
| 5 | 6 | BKIC/GIG | 12 136 | 39 800 | 11 597 | 38 300 | 4.65% | 1.92% |
| 6 | 5 | Enaya | 11 739 | 38 500 | 11 657 | 38 500 | 0.70% | 1.85% |
| 7 | 8 | Ilaf Takaful Insurance | 8 538 | 28 000 | 7 388 | 24 400 | 15.57% | 1.35% |
| 8 | 10 | Cigna | 7 910 | 25 940 | 917 | 3 030 | 762.60% | 1.25% |
| 9 | 7 | t'azur Takaful | 7 562 | 24 800 | 7 630 | 25 200 | -0.89% | 1.19% |
| 10 | 9 | First Takaful | 5 240 | 17 186 | 6 397 | 21 129 | -18.09% | 0.83% |
| Total | 537 783 | 1 763 692 | 490 974 | 1 621 529 | 9.53% | 84.97% | ||
| Rest of the market ** | 95 162 | 312 088 | 64 605 | 213 371 | 47.30% | 15.03% | ||
| Total market | 632 945 | 2 075 780 | 555 579 | 1 834 900 | 13.93% | 100.00% | ||
* 29 companies
** Evolution in local currency
Exchange rate as at 31 december 2018 : 1 KWD = 3.27956 USD | 31 december 2017 : 1 KWD = 3.30268 USD
Read also | Top insurance companies in Kuwait : 2020 ranking
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