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Saudi insurance market has posted 42 billion USD of premiums in five years’ time

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Magazine Issue: 
Reinsurers back to the wall [3]
Magazine date: 
Nov 2017

The overall premiums underwritten by Saudi insurers in the course of the recent five years have reached 158 billion SAR (42.1 billion USD). Health insurance accounts for 52% of this amount, that is, 82 billion SAR (21.9 billion USD).

The non life class of business comes second with 45.5% of the market, that is, 72 billion SAR (19.2 billion USD).

Retirement and Savings insurance has reaped only 4 billion SAR (1 billion USD) in premiums, that is, 2.5% of the overall premium volume underwritten.

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Tue, 05/12/2017 - 14:11

Source URL: https://www.atlas-mag.net/en/article/saudi-insurance-market-has-posted-42-billion-usd-of-premiums-in-five-years-time

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[4] http://www.atlas-mag.net/en/category/pays/Arabie-Saoudite