In 2028, the value of gross written premiums of the GCC insurance industry is forecasted to grow to around 44.4 billion U.S. dollars. The forecasted compound annual growth rate in the GCC region between 2023 and 2028 for the life insurance segment was four percent and for the non-life insurance segment was 5,4 percent.
Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028
(in billion U.S. dollars)
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Alpen Capital. (January 31, 2024). Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/
Alpen Capital. "Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028 (in billion U.S. dollars)." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/
Alpen Capital. (2024). Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/
Alpen Capital. "Projected Market Size of The Insurance Industry in The Gulf Cooperation Council from 2023 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/
Alpen Capital, Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/ (last visited November 21, 2024)
Projected market size of the insurance industry in the Gulf Cooperation Council from 2023 to 2028 (in billion U.S. dollars) [Graph], Alpen Capital, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/793428/gcc-insurance-industry-market-size-forecast/
