Saudi Arabia:29 listed insurers post 42% jump in aggregate net profit in 2020

By MEIR team | 21 Apr 2021

Saudi Arabia Reinsurance Life & Health Property & Casualty Financial Performance

The aggregate net profit generated by 29 insurance companies in Saudi Arabia jumped by 42% to SAR1,972m ($526m) in 2020 compared to profit of SAR1,393m in 2019, according to an analysis by Badri Management Consultancy, a regional boutique actuarial consulting firm.

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