The insurance market back to profits in 2014

The overall Saudi insurance industry has reported an increase of gross written premiums by 21%, at 8.1 billion USD in 2014.

The before «zakat» result achieved by the sector went from a loss of 319.7 million USD in 2013, to a profit of 252.5 millionUSD in 2014.

It should be noted that, 22 companies (out of 34) have posted a profit. The best performance is Tawuniya, which ends the year with 16 million USD.

* Growth rate is in local currency
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