The Saudi insurance sector saw GWP growth of about 8.3% to SAR37.8bn ($10.1bn) in 2019, following two years of contraction, according to the latest market report by S&P Global Ratings. Post-zakat income jumped by 146% to SAR1bn in 2019 against SAR406m in 2018. This significant market improvement is mainly attributed to the stronger earnings at heavyweights including Bupa Arabia, Tawuniya and MedGulf.