8030

The Mediterranean and Gulf Insurance and Reinsurance Co.

MEDGULF Business segments

 TASI
13.92
(0.12) (0.85 %)
Segment Distribution
Medical Insurance Includes insurance on medical costs and medicines, medical and therapeutic supplies.
Motor Insurance Covers losses and liabilities related to motors, with the exception of transport risks.
Other classes Other insurance covers not referred to hereinabove.
USD Riyal
 
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
 
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million

Gross Premiums written
Business Segment
Chart
Medical Insurance
1,801.57
1,487.85
1,821.32
1,805.83
1,434.09
1,718.66
2,266.99
2,811.47
2,973.95
3,010.99
2,484.33
2,017.36
1,781.84
1,232.08
Motor Insurance
741.64
431.54
426.93
336.37
443.33
546.45
530.00
666.05
685.94
394.00
225.52
186.64
266.98
247.42
Other classes
311.39
316.84
286.25
279.08
192.05
400.73
397.35
524.42
756.11
732.52
608.18
607.05
573.74
369.98
Total
2,854.60
2,236.22
2,534.50
2,421.28
2,069.47
2,665.84
3,194.33
4,001.93
4,415.99
4,137.51
3,318.03
2,811.05
2,622.56
1,849.48

Net Premiums written
Business Segment
Chart
Medical Insurance
1,797.28
1,107.61
1,325.74
1,533.93
1,434.09
1,718.66
2,265.99
2,806.54
2,527.96
2,453.08
2,091.10
1,664.41
1,582.80
1,141.80
Motor Insurance
628.48
253.25
221.09
178.50
340.50
390.74
364.75
458.49
574.76
342.76
215.89
179.35
260.45
242.26
Other classes
23.66
39.60
38.14
24.93
28.88
61.76
66.47
93.48
95.33
96.43
95.10
72.58
91.65
86.89
Total
2,449.43
1,400.45
1,584.96
1,737.37
1,803.47
2,171.16
2,697.20
3,358.52
3,198.05
2,892.27
2,402.09
1,916.34
1,934.90
1,470.95

Net premiums earned
Business Segment
Chart
Medical Insurance
1,659.56
1,306.28
1,218.21
1,688.63
1,380.88
1,962.49
2,430.26
2,845.30
2,571.32
2,228.11
1,907.21
1,570.22
1,438.38
1,032.55
Motor Insurance
442.23
219.95
221.27
279.82
367.55
290.68
428.11
523.96
464.75
287.11
192.61
215.76
268.90
193.04
Other classes
22.99
40.17
37.57
28.05
42.26
69.69
87.26
98.06
91.12
83.11
89.24
85.35
84.34
74.34
Total
2,124.77
1,566.40
1,477.04
1,996.50
1,790.69
2,322.86
2,945.63
3,467.31
3,127.19
2,598.33
2,189.06
1,871.33
1,791.62
1,299.93

Reinsurance commissions
Business Segment
Chart
Medical Insurance
(12.09)
38.13
103.95
35.78
-
-
-
20.97
24.00
45.16
52.45
26.49
4.06
0.08
Motor Insurance
(7.96)
58.07
50.42
31.21
26.40
24.42
39.33
33.41
10.47
8.23
2.03
1.01
1.13
0.44
Other classes
25.43
31.13
26.09
31.92
27.63
39.64
45.68
56.51
44.12
54.83
52.44
70.39
49.23
36.37
Total
5.38
127.33
180.47
98.91
54.03
64.06
85.00
110.88
78.59
108.22
106.92
97.89
54.42
36.89

Net claims incurred
Business Segment
Chart
Medical Insurance
(1,616.33)
(1,134.81)
(937.36)
(1,430.09)
(1,339.77)
(1,899.34)
(2,115.01)
(2,578.34)
(2,204.61)
(2,386.08)
(1,674.72)
(1,200.07)
(1,080.46)
(786.26)
Motor Insurance
(524.65)
(196.74)
(178.31)
(240.18)
(252.76)
(170.19)
(323.08)
(675.22)
(398.05)
(231.93)
(135.95)
(160.74)
(197.78)
(140.95)
Other classes
(20.43)
(26.12)
1.38
(14.50)
7.59
(12.92)
(26.91)
(15.15)
(19.01)
(14.14)
(8.86)
(12.62)
(10.13)
(13.02)
Total
(2,161.41)
(1,357.67)
(1,114.28)
(1,684.77)
(1,584.95)
(2,082.44)
(2,465.00)
(3,268.70)
(2,621.67)
(2,632.15)
(1,819.53)
(1,373.43)
(1,288.37)
(940.23)

Policy acquisition costs
Business Segment
Chart
Medical Insurance
(69.99)
(50.18)
(61.06)
(81.60)
(74.38)
(109.70)
(123.49)
(162.30)
(110.05)
(66.86)
(54.72)
(59.30)
(74.45)
(64.65)
Motor Insurance
(82.56)
(25.63)
(19.44)
(20.82)
(33.38)
(26.35)
(37.58)
(34.06)
(27.42)
(26.59)
(18.44)
(22.82)
(24.63)
(13.16)
Other classes
(27.63)
(20.72)
(19.64)
(15.37)
(16.01)
(24.63)
(29.91)
(30.96)
(25.22)
(27.50)
(22.29)
(21.56)
(16.47)
(14.43)
Total
(180.18)
(96.53)