Saudi Arabia's share of GCC insurance market projected to expand in next 5 years

04 Feb 2024

Kuwait Saudi Arabia United Arab Emirates GCC Property & Casualty Financial Performance Life & Health

Saudi Arabia is projected to continue to be the largest insurance market in the GCC by GWP, reaching a market share of 42.6% by 2028, according to UAE-based investment banking advisory firm, Alpen Capital, in its latest "GCC Insurance Industry" report released on 31 January 2024.

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Saudi Arabia's share of GCC insurance market projected to expand in next 5 years

Archived articles are available to Magazine subscribers only.

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