Saudi Arabia Insurance Report - Business Monitor International - Industry Reports

Saudi Arabia Insurance Report

Saudi Arabia Insurance Report - Business Monitor International - Industry Reports
Saudi Arabia Insurance Report
Published Oct 22, 2016
45 pages — Published Oct 22, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

This quarter, we have revised down our forecasts for the non-life segment. This is because the data published by the regulator in relation to ---- indicates that we had been overly optimistic in relation to the health insurance sub-sector. ...This is because the data published by the regulator in relation to ---- indicates that we had been overly optimistic in relation to the health insurance sub-sector. Previously, we had anticipated that health insurance premiums would rise from SAR--.-bn in ---- to SAR--.-bn in ---- to SAR--.-bn in ----, the last year of the forecast period. Now the corresponding figures are SAR--.-bn, SAR--.-bn and SAR--.-bn. ...We note that if a major consolidation were to occur, it would provide an additional boost to the growth prospects of the sector. This is because the largest players would almost certainly have greater access to capital.

...Following a rapid -- growth spurt from a low base in ----, Saudi Arabia s life segment will grow at rather low rates during ---- and beyond. They will be exclusively driven by expatriate demand. ...One is where the government mandates compulsory purchase (eg, as a means of reducing the pressure on the budget of generous social security benefits). The other is where the life insurers themselves develop and distribute savings/investment products that are particularly attractive - with the result that they are purchased by Saudi nationals in preference to other forms of savings (such as cash/bank deposits and real estate). The other is where the life insurers themselves develop and distribute savings/investment products that are particularly attractive - with the result that they are purchased by Saudi nationals in preference to other forms of savings (such as cash/bank deposits and real estate). ...The other is where the life insurers themselves develop and distribute savings/investment products that are particularly attractive - with the result that they are purchased by Saudi nationals in preference to other forms of savings (such as cash/bank deposits and real estate).

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...

  
Source:
Document ID
1752-8364
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Saudi Arabia Insurance Report" Oct 22, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Insurance-Report-2026-1485>
  
APA:
Business Monitor International - Industry Reports. (2016). Saudi Arabia Insurance Report Oct 22, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Insurance-Report-2026-1485>
  
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