Big players dominate the market

According to a survey conducted by Standard & Poor’s, the size and productivity of large Saudi insurance groups should allow them to gradually increase their market share.
Kingdom Center, Riyadh, Saudi Arabia © Ameen Mohammad, CC BY 3.0

The directive of the Saudi Arabia Monetary Agency (SAMA) on the establishment of motor and health rates should be favorable to large insurers. Small insurers, oftentimes in difficulty, have no choice but to cut their operating costs to remain competitive or to merge, reducing thus the number of players on the scene.

Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits