Saudi insurers’ aggregate profit hits SAR 728.6 mln in 2022

Argaam Report
Last Updated Date (27/04/2023)

Saudi insurance firms reported an aggregate net profit of SAR 728.58 million in 2022, compared to an aggregate net loss of SAR 39.39 million a year earlier.

 

Most companies attributed the earnings growth to higher net written premiums (NWP

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