Saudi Insurance Solvency at 156.7% for 2025
The results of the Saudi Insurance Market Report for 2025 showed a 10.7% increase in total written premiums, reaching 84.3 billion riyals. This growth was supported by strategic developments aimed at achieving sustainable expansion that enhances protection for individuals and businesses. Health insurance and vehicle insurance accounted for approximately 89% of the growth, with the number of health insurance beneficiaries exceeding 14 million and the number of insured vehicles reaching 11 million. Despite the sector recording a net profit of 1.9 billion riyals, it experienced a decrease in the solvency margin to 156.7% compared to 165.7% in 2024. Regulatory efforts continued, with over 440,000 complaints addressed during the year. Looking ahead to 2026, the sector is expected to face testing its resilience—particularly regarding investment performance and the rising costs of health insurance claims—while maintaining a focus on the quality and sustainability of capital.
Notice: This Is an AI-Generated Summary
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