Saudi Arabia:Tawuniya unfazed by fierce competition because of its size and underwriting discipline

By MEIR team | 15 Jul 2025

Saudi Arabia Life & Health Financial Performance

Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch Ratings. However, the global credit rating agency expects The Company for Cooperative Insurance's (Tawuniya) underwriting discipline and scale benefits to help maintain the insurer's very strong financial performance over the medium term.

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