Saudi Arabia · Catastrophe and exposure
Saudi airports attacked as Yemen's west coast battle intensifies ↗
Saudi airports were attacked as the battle on Yemen's west coast intensified.
GCC MARKETS
Saudi Arabia
Selected by Axxion’s GCC market monitor from regulators and the regional insurance press. Each item links to the original report. Updated 9 October 2026.
Saudi Arabia · Financial results
Saudi insurance market doubles revenue over four years ↗
Saudi Arabia's insurance market doubled its revenue over the past four years.
Saudi Arabia · Regulation
Saudi Arabia introduces new pricing criteria to curb excessive insurance price competition ↗
Saudi Arabia's insurance regulator introduced new pricing criteria aimed at reducing excessive price competition in the market, according to Middle East Insurance Review.
Saudi Arabia · Financial results
Saudi insurance sector premiums rise 14.4 percent to SAR 29.8bn in Q1 2026 ↗
The Saudi Insurance Authority reported that the Saudi insurance sector recorded SAR 29.8 billion in gross written premiums in the first quarter of 2026, up 14.4% year on year.
Saudi Arabia · Catastrophe and exposure
Saudi Red Sea oil stocks slump after pipeline attack ↗
Saudi oil stocks at Red Sea terminals fell after an attack on a pipeline, according to AGBI, highlighting continued risk to Saudi energy infrastructure.
Saudi Arabia · Regulation
Saudi Arabia forms technical committee to optimise marine war risk pricing ↗
Saudi Arabia set up a technical committee to optimise marine war risk pricing, according to Middle East Insurance Review.
Saudi Arabia · Regulation
Saudi Insurance Authority links new data system to RBC rollout ↗
The Saudi Insurance Authority linked a new data system to its risk-based capital (RBC) rollout, per Middle East Insurance Review.
Saudi Arabia · Financial results
Saudi Arabia's motor insurance combined ratio stays above 100% in Q1 2026 ↗
Asia/Middle East Insurance Review reported that Saudi Arabia's motor insurance branch combined ratio remained above 100% in the first quarter of 2026; specific figures were not captured in the scraped text.
Saudi Arabia · Catastrophe and exposure
Houthi drone debris kills one, injures two in Taif, Saudi Arabia ↗
Debris from a Houthi drone killed one person and injured two others in Taif, Saudi Arabia.
Saudi Arabia · Regulation
Saudi Arabias insurance regulator reviews motor insurance pricing system ↗
Saudi Arabias insurance regulator is reviewing the Kingdoms motor insurance pricing system, Middle East Insurance Review reported.
Saudi Arabia · Regulation
Saudi insurance regulator clarifies that driver coverage varies by motor policy terms ↗
Saudi Arabias insurance regulator stressed that coverage for drivers varies depending on the specific terms of a motor insurance policy, according to Middle East Insurance Review.
Saudi Arabia · Corporate activity
Saudi Re appointed to lead Saudi Marine War Risk Insurance Pool ↗
Saudi Re was appointed as leader of the Saudi Marine War Risk Insurance Pool, Middle East Insurance Review reported.
Saudi Arabia · Catastrophe and exposure
Trump says Iran probably behind attack on Saudi Arabia East-West pipeline ↗
US President Trump said Iran was probably responsible for an attack on Saudi Arabia East-West oil pipeline.
Saudi Arabia · Catastrophe and exposure
Two injured, mosque and buildings damaged in Houthi attack on Saudi Arabia's Jazan region ↗
A Houthi attack on Saudi Arabia's Jazan region injured two people and damaged a mosque and other buildings, Khaleej Times reported.
Saudi Arabia · Catastrophe and exposure
Saudi Arabia shuts oil pipeline after Iraq-launched attacks ↗
Saudi Arabia shut down an oil pipeline following attacks reported to have been launched from Iraq.
Saudi Arabia · Catastrophe and exposure
Oil price climbs above 100 dollars a barrel on Saudi supply-disruption risk ↗
Oil prices climbed further above 100 dollars a barrel on concerns over a potential disruption to Saudi Arabia oil supply.
Saudi Arabia · Catastrophe and exposure
Gulf states condemn Houthi attacks on Saudi Arabia at UN as rebels seize Yemen port ↗
Gulf states condemned Houthi attacks on Saudi Arabia at the United Nations as Houthi rebels seized a key Yemen port, The National reported.