Saudi Arabia: Combined profit of listed insurance sector jumps multifold to nearly US$900m in 2023

Published on April 1, 2024
Listed insurance companies in the Saudi market saw stellar growth in 2023, as their combined profits soared to SAR3,353m ($894m), compared to profits of less than SAR320m in 2022.
Continue reading on website
Other news

Will 2024 be a turning point for geopolitical risks?

April 1, 2024
The potential for political instability presents a major risk for 2024, with pre-existing grievances tied to the rising cost-of-living, food and energy insecurity, falling real incomes and high

GCC: Revenue of 76 listed insurers rises by 19% to US$32.2bn in FY2023

April 1, 2024
Price increases, regulatory enforcement, M&A activity and generally favourable economic conditions have boosted the insurance revenue of 76 listed insurers in the GCC region for a second consecutive