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International

Premiums grow 27% in Saudi Arabia: KPMG

December 28, 2022 Reprints

Advisory firm KPMG International Ltd. said that local insurers’ aggregate gross written premiums grew 27% year on year to 39.28 billion Saudi riyals ($10.45 billion) in the third quarter, Arab News reported. The insurers’ net profit after zakat and tax grew 6% to SAR566.12 million.

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Premiums grow 27% in Saudi Arabia: KPMG

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