Saudi Arabia:Insurance market posts net income of over US$180m for 2022, reversing losses

By MEIR team | 16 May 2023

Saudi Arabia Reinsurance Life & Health Property & Casualty Financial Performance

The Saudi insurance sector recorded an overall net Income of SAR689m ($183.7m) in 2022, compared to a net loss of SAR47m 2021 according to the Saudi Central Bank (SAMA).

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