Saudi Arabia – 9607 employees in insurance sector by year end 2015
Wednesday, 11 23 2016, Category: Insurance and Reinsurance, Country: Saudi Arabia
The number of workers in the banking sector increased by 4.2% in year 2015 reaching 49.6 thousand employees according to the statistics of the Saudi Arabian Monetary Agency.
90.2% of total employees in the banking sector are Saudis representing approximately 44.7 thousand employees.
Moreover, the total number of employees of cooperative insurance companies operating in Saudi Arabia was 9607 employees by year-end 2015, compared to 9559 employees by year-end 2014, which represents a slight growth of 0.5%.
Saudi employees represented 57.4% of total employees of insurance companies with a 0.8% increase compared to year-end 2014.