Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Oct 2025

Market Profile


Saudi Arabia

Saudi insurance industry poised for accelerated growth

Saudi Arabia’s insurance industry saw major developments over the past two years, setting the stage to meet Vision 2030 targets.
 


Reinsurance optimisation in Saudi Arabia: Actuarial insights from 2024 Reinsurance Adequacy Review

Saudi Arabia’s insurance sector continues to mature, with reinsurance optimisation playing a pivotal role in aligning risk management strategies with evolving business goals.
 

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InsurTech story in Saudi Arabia is just beginning

Even though its economy is rapidly expanding, and the insurance industry is growing, the KSA still suffers from a significant protection gap.
 

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Motor insurance penetration rate hits 76%

Motor insurance in the Saudi Arabia saw a remarkable increase considering the persistently low penetration levels in previous years.
 

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