Saudi insurance sector’s total premium in Q3 rises over 31% to $3.46bn: SAMA
RIYADH: Saudi Arabia’s insurance sector recorded a 31.9 percent increase in its total gross written premiums to SR13 billion ($3.46 billion) in the third quarter of 2022 compared to the same period last year, according to a recent report released by the Saudi Central Bank, also known as SAMA.
Gross written premiums are the total premiums an insurer…