Saudi insurance market expands in 2025 driven by Vision 2030 and national insurance strategy

By MEIR team | 09 Aug 2026

Source: "Saudi Insurance Market Report 2025" published by the Insurance Authority

Saudi Arabia Reinsurance Life & Health Regulation Property & Casualty Financial Performance

The Saudi insurance sector continued to expand in 2025, with gross written premiums increasing by 11% to SAR84.3bn ($22.5bn) compared to 2024, according to the Insurance Authority in its latest flagship yearly report, "Saudi Insurance Market Report 2025".

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