Motor and health business fuels insurance demand

King Fahd Road, Riyadh, Saudi Arabia © haitham alfalah, CC BY-SA 3.0

In the motor sector, fleet, luxury and replacement vehicles have reported a steady increase for several years. The high income of expatriates as well as that of a large part of the population of the region account for the important demand for this type of product. In health insurance, the generalization of compulsory insurance has strengthened the already significant potential of this type of coverage.