Saudi insurance sector's combined profit falls to SAR 114 mln in H1 2022

Argaam Report: Last Updated Date (22/08/2023)

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Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

The combined profit of the Saudi insurance sector (excluding Al Sagr Insurance Co.) declined to SAR 114 million in the first half of 2022, compared to SAR 517.2 million in the prior-year period.

 

The decline in profit was attributed to a rise

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