About this document
تقرير سوق التأمين السعودي لعام 2024م by Omnia is a document available to read on EtoBox.
The Saudi insurance sector achieved a net income of SR 3.6 billion in 2024, an increase from SR 3.2 billion in 2023, with a penetration ratio rising to 2.59% of non-oil GDP. The sector experienced a premium growth of 16.3%, reaching a total of SR 76.1 billion, and the Saudization ratio improved from 75% to 85%. Key regulatory developments included the issuance of standard insurance policies for health coverage of domestic workers and civil liability insurance for populated areas.
- Author
- Omnia
- Language
- EN