Saudi Arabia – SAR 670 insurance spending per capita
Saturday, 08 13 2016, Category: Insurance and Reinsurance, Country: Saudi Arabia
Insurance spending per capita in Saudi Arabia reached SAR 670 during the first half of the current year compared to SAR 623 during the same period of last year. This represents a 7.5% increase, which is equivalent to SAR 47 noting that insurance spending per capita is known as insurance density.
According to the latest analysis of the economic report unit of the “Aleqtisadiah” newspaper, where the average per capita insurance spending during the second quarter of the current year was about SAR 291 compared to SAR 379 during the first quarter of the current year. This represents a 23% decrease equivalent to SAR 88.