Saudi Arabia:General insurance market to surpass $22bn in premiums in 2028

By MEIR team | 14 Feb 2024

Saudi Arabia Motor Life & Health Property & Casualty

Saudi Arabia's general insurance industry is set to grow at a compound annual growth rate (CAGR) of 5.2% to SAR83.7bn ($22.3bn) in 2028 from SAR68.3bn in 2024 in terms of gross written premiums (GWP), forecasts data and analytics company GlobalData.

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