In 2022, Saudi Arabia had 4.7 million active customers of insurance policies issued through online aggregators. Although the number of active customers saw strong growth between 2018 and 2022, the ratio of active customers to total customers continued to drop each year. During this period the number of total customers grew by at least 1.2 million each year, while the number of active customer also rose by roughly one million new users each year.
Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status
(in millions)
Characteristic
Active Customers
Total Customers
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Saudi Central Bank. (September 4, 2023). Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status (in millions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/
Saudi Central Bank. "Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status (in millions)." Chart. September 4, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/
Saudi Central Bank. (2023). Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status (in millions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/
Saudi Central Bank. "Breakdown of Retail Customers Registered with Insurance Aggregators in Saudi Arabia from 2018 to 2022, by Status (in Millions)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/
Saudi Central Bank, Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status (in millions) Statista, https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/ (last visited July 22, 2024)
Breakdown of retail customers registered with insurance aggregators in Saudi Arabia from 2018 to 2022, by status (in millions) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1423564/saudi-arabia-insurance-aggregator-registered-retail-customers-by-status/