Report cover image

Saudi Arabia Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027

Publisher GlobalData
Published Aug 28, 2023
Length 58 Pages
SKU # GBDT18252769

Description

Saudi Arabia Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027
Summary

GlobalData’s 'Saudi Arabia Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027’ report provides in-depth market analysis, information, and insights into Saudi Arabia's life insurance segment.

This report provides a detailed outlook by product category for Saudi Arabia's life insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2018-22) and forecast period (2023-27).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of Saudi Arabia's economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights
  • Key insights and dynamics of Saudi Arabia's life insurance segment.
  • A comprehensive overview of Saudi Arabia's economy, government initiatives and investment opportunities.
  • Saudi Arabia's insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
  • Saudi Arabia's life insurance segment's market structure giving details of lines of business.
  • Saudi Arabia's life reinsurance business' market structure giving details of premium ceded along with cession rates.
  • Distribution channels deployed by Saudi Arabia's life insurers.
  • Details of the competitive landscape and competitors’ profiles.
Scope



This report provides a comprehensive analysis of the life insurance segment in Saudi Arabia -
  • It provides historical values for Saudi Arabia life's insurance segment for the report’s 2018-22 review period, and projected figures for the 2023-27 forecast period.
  • It profiles the top life insurance companies in Saudi Arabia and outlines the key regulations affecting them.
Reasons to Buy
  • Make strategic business decisions using in-depth historical and forecast market data related to Saudi Arabia's life insurance segment.
  • Understand the demand-side dynamics, key market trends, and growth opportunities in Saudi Arabia's life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

58 Pages
    • Summary
    • Market Overview
    • GlobalData Country Risk Index (GCRI) Q4 2022
    • Life (Re)Insurance Regulatory and Compliance Framework: Key Findings
    • Life (Re)Insurance Regulatory and Compliance Framework: Key Facts
    • Life (Re)Insurance Regulatory and Compliance Framework: Licensing Requirements
    • Tech Spending
    • Key Insurtech Trends
    • Regional Comparison
    • Penetration and Growth
    • Premium Trends
    • Claims Trends
    • Consumer Preferences
    • Company Market Share and Market Concentration
    • Profitability Matrix
    • Competitive Landscape Overview
    • Competition Intelligence Overview
    • Deals
    • Top Insurers Jobs Market Snapshot
    • Al-Rajhi Company for Cooperative Insurance
    • Arabian Shield Cooperative Insurance
    • Aljazira Takaful Taawuni
    • Walaa Cooperative Insurance
    • Allianz Saudi Fransi Cooperative Insurance
    • Reinsurance Overview
    • Accepted Premiums by Pure Reinsurers
    • Ceded Premiums and Cessions Rates
    • Company Statistics
    • Directory
    • Glossary of Insurance Terms
    • Methodology

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us