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International

Insurers see 25% growth in premium volume

November 10, 2022 Reprints

According to U.A.E.-based actuarial consultancy Badri Management Consultancy, the aggregate premium volume of 26 listed insurers in Saudi Arabia increased 25% year-on-year to 40 billion Saudi Arabian riyals ($10.6 billion) in the first nine months of the year, Middle East Insurance Review reported. The insurers’ aggregate net profit before zakat dipped 1% to SAR885 million.

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Insurers see 25% growth in premium volume

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