Aggregate profit of Saudi insurers falls 60% to SAR 534.9 mln in 9M 2021

Argaam Report
Last Updated Date (14/11/2021)

Saudi insurance firms’ aggregate net profit decreased by 60% to SAR 534.9 million in the first nine months of 2021, from SAR 1.347 billion in 9M 2020, due to a 12% rise in net claims incurred, data compiled by Argaam showed.

 

Data excluded Al Sag

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