KSA – SAR 19 billion of health premiums
Tuesday, 07 17 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The capitals invested by insurance companies in the Kingdom reached SAR 11.3 billion. The total assets of policyholders reached SAR 41.2 billion and the number of the workers of insurance companies reached 11272 employers with a Saudization rate of 69%.
The annual report of the Saudi Arabian Monetary Authority indicated that insurance premiums reached SAR 36.5 billion in year 2017, which represents a SAR 352 million decrease compared to the previous year noting that the total health insurance premiums increased by 2.2% reaching SAR 19 billion.
Source: Al Bilad Daily