Saudi premiums rise 14.4% as health leads the market
The Insurance Authority reports SAR29.8bn in first-quarter premiums. Health accounts for 62% of the total.
Global insurance editorial desk AI-assisted brief · Source checkedSource published Included in the first edition of 7 October 2026
Original chart. Source: Saudi Insurance Authority, 8 September 2026. Other lines calculated as total less health and motor; published figures are rounded.
In context: this report covers a source published on 8 Sept 2026.
Saudi Arabia’s Insurance Authority reported first-quarter 2026 gross written premiums of SAR29.8 billion, up 14.4% year on year. It published the report on 8 September.
Health premiums reached SAR18.5 billion, or 62% of the market. Motor premiums were SAR5 billion. The regulator reported a net combined ratio of 98.3%.
The figures describe the first quarter, not September trading. The chart’s SAR6.3 billion for other lines is calculated from the rounded total less health and motor premiums.
Ledgebrook raised $200m in primary equity. Allianz X and Rockefeller Capital Management co-led the round, and Allianz Re agreed a multi-year reinsurance agreement with the company.
