There is a lot of Insurance Companies in Saudi Arabia. Here We Discuss Some,

Top Insurance Companies in Saudi Arabia.

1.TAWUNIYA Insurance Company

TAWUNIYA insurance company in saudi arabia
TAWUNIYA Insurance Company


  • Email:
  • Address: 6507 Thomamah Road- (Takhassusi) – Ar-Rabi District- Riyadh P.O. Box 86959 Riyadh 11632
  • Telephone: +966 11 252 5800.
  • Fax: +966 11 400 0844.
  • Headquarters: Riyadh, Saudi Arabia.
  • Founded: Jan 9, 1985.
  • Founders: General Organization for Social Insurance, Public Pension Agency, The Public Investment Fund.
  • Rank: No 1.
  • 2019 Market shares: 22.03%.
  • 2019 Turn Over:
    In SAR In USD
    7,641,245 2,039,448

Tawaniya ranked no#1 from all Saudia Arabia Insurance Companies.

Cooperative Insurance (Tawaniya) Company was established in 1986 in Riyadh as a Saudi Joint Stock Company and the first licensed national insurance company in Saudi Arabia, Cooperative Insurance offers a

variety of insurance products according to the concept, which is acceptable to Islam.

Tawaniya Insurance Company covers all segments of the business, including medical, motor, fire, property engineering, accidents, maritime, energy, aviation, tuition, liabilities and many more insurance.

It provides consumers with over 60 types of insurance.

The authorized, issued and paid-up capital of Tawaniya is 1250 million, which includes 125 million shares of SR10.

Capital ownership is as follows: Social Insurance for General Organization 23%, Public Pension Agency 24%, and 53% are held by the public through the stock market.

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2.Bupa Arabia Insurance Company

Bupa Arabia Insurance Company in Saudi Arabia
Bupa Arabia Insurance Company

About Bupa:

  • Email: Custome Care.
  • Telephone: +800 244 0307.
  • Headquarters: Jeddah, Saudi Arabia.
  • Founded: 1997.
  • Rank: No 2.
  • 2019 Market shares: 24.70%.
  • 2019 Turn Over:
    In SAR In USD
    8,566,648 2,280,527

Bupa Arabia was launched in 1997 as a joint venture with the Nazar group. Today, with over 3 million users, Bupa Arabia is the largest health insurer in Saudi Arabia, with individual clients as well as some of the largest companies in the state.

Under the insurance rules, Bupa Arabia co-operated its business with a joint venture with a publicly listed company that offers cooperative health insurance.

In 2008, Bupa Arabia introduced 40K of its successful shares to the public in the most successful IPO ever achieved for an insurance company in KSA, which bought over 900 overs.

3.Al Rajhi Takaful Insurance Company.

Al Rajhi Takaful insurance company in saudi arabia
Al Rajhi Takaful insurance company

About Al Rajhi Takaful:

Al Rajhi Takaful is ready to revolutionize your insurance experience in SA. Our business is based on the principles of ethics and fairness and we prevent unrelated business growth at the expense of our customers. These are the principles that will make Al Rajhi Takaful a great choice for you and for all of Saudi Arabia’s society.

The company will be developed by leading institutional and individual investors, as well as by the Prime Minister and respected institutions.

With Al Rajhi Takaful you can be assured that your insurance needs are handled by a team of dedicated, professional and experienced insurers who have committed themselves to this insurance model.

Al Rajhi Takaful is fully prepared to face the challenges in the takaful market. This company, with the strength of its highly motivated staff and supports the latest information technology platform, is capable of delivering you first-class services and fulfilling our commitment to value the Saudi economy. The company aims to normalize the use of takaful in KSA.




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