Saudi Arabia:Competition dents financial results of 2 major insurance branches

By MEIR team | 24 Apr 2025

Saudi Arabia Motor Life & Health Financial Performance

The Saudi insurance market saw mixed financial results in the motor and medical lines in 2024, according to an analysis by Badri Management Consulting, an international actuarial and risk consultancy firm. These two branches are the main pillars of the Saudi insurance sector, contributing a combined 84% of total insurance revenue in 2024.

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