Saudi Arabia Non-Life Insurance Market to 2027
Summary
Non-Life Insurance in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- Saudi Arabia captured the largest share of 36.6% in the Middle Eastern non-life insurance market, in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Saudi Arabia
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia non-life insurance market with five year forecasts
- What was the size of the Saudi Arabia non-life insurance market by value in 2022?
- What will be the size of the Saudi Arabia non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Saudi Arabia non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Saudi Arabia's non-life insurance market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do the leading players follow?
- 7.4. What has been the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. Al Rajhi Banking & Investment Corp
- 8.2. Bupa Arabia for Cooperative Insurance Company
- 8.3. The Company for Cooperative Insurance
- 8.4. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Saudi Arabia non-life insurance market value: $ billion, 2017–22
- Table 2: Saudi Arabia non–life insurance market category segmentation: % share, by value, 2017–2022
- Table 3: Saudi Arabia non-life insurance market category segmentation: $ billion, 2017-2022
- Table 4: Saudi Arabia non–life insurance market geography segmentation: $ billion, 2022
- Table 5: Saudi Arabia non-life insurance market value forecast: $ billion, 2022–27
- Table 6: Saudi Arabia non-life insurance market share: % share, by value, 2022
- Table 7: Al Rajhi Banking & Investment Corp: key facts
- Table 8: Al Rajhi Banking & Investment Corp: Annual Financial Ratios
- Table 9: Al Rajhi Banking & Investment Corp: Key Employees
- Table 10: Bupa Arabia for Cooperative Insurance Company: key facts
- Table 11: Bupa Arabia for Cooperative Insurance Company: Annual Financial Ratios
- Table 12: Bupa Arabia for Cooperative Insurance Company: Key Employees
- Table 13: The Company for Cooperative Insurance: key facts
- Table 14: The Company for Cooperative Insurance: Annual Financial Ratios
- Table 15: The Company for Cooperative Insurance: Key Employees
- Table 16: The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co: key facts
- Table 17: The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co: Annual Financial Ratios
- Table 18: The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co: Key Employees
- Table 19: Saudi Arabia size of population (million), 2018–22
- Table 20: Saudi Arabia gdp (constant 2005 prices, $ billion), 2018–22
- Table 21: Saudi Arabia gdp (current prices, $ billion), 2018–22
- Table 22: Saudi Arabia inflation, 2018–22
- Table 23: Saudi Arabia consumer price index (absolute), 2018–22
- Table 24: Saudi Arabia exchange rate, 2018–22
- List of Figures
- Figure 1: Saudi Arabia non-life insurance market value: $ billion, 2017–22
- Figure 2: Saudi Arabia non-life insurance market category segmentation: $ billion, 2017-2022
- Figure 3: Saudi Arabia non–life insurance market geography segmentation: % share, by value, 2022
- Figure 4: Saudi Arabia non-life insurance market value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the non-life insurance market in Saudi Arabia, 2022
- Figure 6: Drivers of buyer power in the non-life insurance market in Saudi Arabia, 2022
- Figure 7: Drivers of supplier power in the non-life insurance market in Saudi Arabia, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Saudi Arabia, 2022
- Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Saudi Arabia, 2022
- Figure 10: Drivers of degree of rivalry in the non-life insurance market in Saudi Arabia, 2022
- Figure 11: Saudi Arabia non-life insurance market share: % share, by value, 2022
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