The number of insurance subscribers in Saudi Arabia fell 10% to 10.05 million by the end of 2020, from 11.15 million in 2019, according to a survey by Argaam, based on data issued by the Saudi Council of Cooperative Health Insurance (CCHI).

 

The number of insured Saudis decreased by 49,700, while the insured non-Saudis declined by about 1.05 million.

 

 The following table highlights the number of insured persons since 2017:

 

Total Insurance Subscribers Since FY2017

Year

Total (mln)

Variation  

Variation (%)

2017

12.01

--

--

2018

11.06

(956,000)

(8%)

2019

11.15

+ 94,387

+ 1 %

2020

10.05

(1,104,591)

(10%)

 

The number of insured Saudis and their dependents reached about 3.44 million by the end of 2020, representing 34% of the total subscribers, while the number of non-Saudis reached about 6.61 million, representing 66%, as shown in the table below:

 

Subscribers by Nationality (mln)

Year

Saudis

Percentage to total

Non-Saudis

Percentage to total

2017

2.73

22.7 %

9.28

77.3 %

2018

3.09

28.0 %

7.96

72.0 %

2019

3.49

31.3 %

7.66

68.7 %

2020

3.44

34.2 %

6.61

65.8 %
 

Insurance subscribers in December 2020 fell by 59,200 compared to the month before.

 

Number of Subscribers in 2020

Month

 Subscribers (mln)

Variation (Person)

December 2019

11.15

39,244

January 2020

11.16

5,567

February

11.10

(51,900)

March

11.05

(52,082)

April

10.74

(311,715)

May

10.59

(146,624)

June

10.43

(163,329)

July

10.34

(91,185)

August

10.33

(9,491)

September

10.32

(13,749)

October

10.22

(94,596)

November

10.10

(116,318)

December

10.05

(59,169)

 

According to data from CCHI, the number of employed subscribers reached about 6.5 million, while the number of dependents was 3.5 million.

 

The number of Saudi employed subscribers increased from 1.35 million in January 2020 to 1.36 million by the end of December, while the number of non-Saudi employed subscribers decreased from 5.93 million to 5.15 million employees.

 

 Subscribers Details in 2020 (mln)

 

Saudis

Non-Saudis

Month

Employed

Dependents

Total

Employed

Dependents

Total

January 2020

1.35

2.16

3.51

5.93

1.72

7.65

February

1.36

2.18

3.54

5.86

1.70

7.56

March

1.37

2.20

3.57

5.81

1.67

7.48

April

1.40

2.07

3.47

5.67

1.60

7.27

May

1.41

2.05

3.46

5.59

1.55

7.13

June

1.39

2.05

3.44

5.48

1.52

6.99

July

1.38

2.03

3.42

5.42

1.50

6.92

August

1.39

2.04

3.43

5.40

1.51

6.90

September

1.39

2.05

3.44

5.37

1.51

6.87

October

1.38

2.05

3.44

5.29

1.49

6.78

November

1.37

2.07

3.44

5.19

1.48

6.66

December

1.36

2.07

3.44

5.15

1.46

6.61

 

For More Reports 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request