Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Jan 2026

Saudi Arabia


Untapped potential in Saudi Arabia's health insurance market

The unification of the supervision of the health insurance sector in Saudi Arabia under the Insurance Authority since March 2024 is an important milestone, contributing to the creation of a more supportive environment for innovation, digital healthcare models and stronger sector integration.
 

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Saudi reinsurance market embraces capacity expansion

Saudi Arabia’s reinsurance brokerage sector is gaining strong momentum, fuelled by significant regulatory reforms designed to develop the field and attract additional market capacity.
 
 

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Transforming reinsurance through transparency and technology

Saudi Arabia is working to increase reinsurance capacity and raise retention rates in the insurance market, in addition to striving to elevate the industry to a level that will make the Kingdom a recognised regional hub.
 
 

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Expanding P&C insurance business is a strategic priority

The underperformance and saturation in motor and medical insurance should prompt insurers to expand their P&C portfolios, a vital pillar of the Kingdom’s vision for a robust and diversified insurance market.
 
 

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Life & savings offers strong upside for insurers despite 2025 challenges

Over the past two years, Saudi Arabia’s insurance sector recorded significant growth across all lines of business. However, intense competition has hit insurers’ profitability in 2025. Still, market opportunities abound, particularly in the underpenetrated protection and savings segment.
 
 

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Saudi Arabia's insurance sector looks to leapfrog digitally

Authorities and market participants in Saudi Arabia have an “unmistakable desire” to build a modern insurance market on a global scale, built on technology.
 
 

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