English
Français
According to Badri Management Consultancy, all 25 insurers listed on the Saudi stock exchange closed the 2024 financial year with insurance revenue of 65 billion SAR (17.3 billion USD), representing a 14% increase compared to the 57 billion SAR (15.2 billion USD) recorded a year earlier.
Insurance service result remained stable at 2.8 billion SAR (745 million USD).
Profit after zakat (Islamic tax) dropped from 3.3 billion SAR (879.5 million USD) at end-December 2023 to 3.2 billion SAR (851.5 million USD) a year later, falling by 3%.
