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Saudi Arabia Insurance Q2 2019

Saudi Arabia Insurance Q2 2019

Key View:

Saudi Arabia's insurance industry does offer significant growth potential. The country's population of over 34mn boastshigh average income levels and Saudi Arabia's ongoing efforts to expand and diversify the economy should translate to higherdemand in a range of insurance segments. There are however some significant barriers to growth in place, including restrictions onforeign investment which leaves the market reliant upon small domestic and regional providers which lack the necessary expertiseand capital to significantly scale up. Consumer awareness of the benefits of insurance cover is already relatively limited, restrictingdemand and dampening growth potential.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Middle East & North Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Islamic Arab Insurance Company (Salama)
Insurance Methodology

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