February 11, 2025
Saudi insurance sector sees 14.6% growth, according to new authority

RIYADH: Increases in vehicle, health, and property insurance premiums in Saudi Arabia helped fuel a 14.6 percent year-on-year growth in the sector in the third quarter of 2023.

A report from the Kingdom’s Insurance Authority revealed the total written premiums stood at SR14.9 billion ($3.97 billion) in the three months to the end of September 2023…
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