Insurance market size in Saudi Arabia 2010-2022

Published by
Amna Puri-Mirza,
Feb 22, 2024
As of 2022, Saudi Arabia was the largest insurance market within the Gulf Cooperation Council region with a gross written premium (GWP) value of 14.2 billion U.S. dollars. The total market size of the GCC regions insurance industry was based on the GWP was 32.7 billion U.S. dollars in the same year.

Value of the insurance market in Saudi Arabia from 2010 to 2022 (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

In cooperation with
Release date

January 2024

Region

Saudi Arabia, MENA

Survey time period

2010 to 2022

Supplementary notes

*Data collected from multiple reports.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Property and casualty insurance in Canada "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Property and casualty insurance in Canada

Insurance companies

8

Insurance premiums

4

Auto insurance

4

Home insurance

3

Insurance claims

5

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Insurance industry in GCCLife insurance worldwideInsurance industry in AfricaInsurance market in Europe
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.