Saudi insurers’ aggregate profit hits SAR 3.4B in 2023, Q4 at SAR 675.1M

Last Updated Date (28/03/2024) Argaam Report

Saudi insurance firms reported an aggregate net profit of SAR 3.35 billion in 2023, compared to SAR 320.4 million a year earlier.

Most companies attributed the earnings growth to higher revenues and net insurance service results.

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