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Insurance in Saudi Arabia

  • January 2017
  • -
  • MarketLine
  • -
  • 37 pages

Summary
Insurance in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Saudi Arabia
- Leading company profiles reveal details of key insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia insurance market with five year forecasts

Synopsis
Essential resource for top-line data and analysis covering the Saudi Arabia insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
- What was the size of the Saudi Arabia insurance market by value in 2015?
- What will be the size of the Saudi Arabia insurance market in 2020?
- What factors are affecting the strength of competition in the Saudi Arabia insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's insurance market?

Key Findings
The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Saudi Arabian insurance market had total gross written premiums of $9.9bn in 2015, representing a compound annual growth rate (CAGR) of 18.9% between 2011 and 2015.

The non-life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $9.6bn, equivalent to 97.5% of the market's overall value.

Surges in oil prices assists in the insurance market. The Saudi Arabian sector is set to see growth with new regulations implemented.

Table Of Contents

Insurance in Saudi Arabia
Table of Contents
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Allianz Saudi Fransi Cooperative Insurance Company
AXA
The Company for Cooperative Insurance
United Cooperative Assurance Co
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine


List of Tables
Table 1: Saudi Arabia insurance market value: $ billion, 2011-15
Table 2: Saudi Arabia insurance market category segmentation: $ billion, 2015
Table 3: Saudi Arabia insurance market geography segmentation: $ billion, 2015
Table 4: Saudi Arabia insurance market value forecast: $ billion, 2015-20
Table 5: Allianz Saudi Fransi Cooperative Insurance Company: key facts
Table 6: Allianz Saudi Fransi Cooperative Insurance Company: key financials ($)
Table 7: Allianz Saudi Fransi Cooperative Insurance Company: key financials (SAR)
Table 8: Allianz Saudi Fransi Cooperative Insurance Company: key financial ratios
Table 9: AXA
Table 10: AXA
Table 11: AXA
Table 12: AXA
Table 13: The Company for Cooperative Insurance: key facts
Table 14: The Company for Cooperative Insurance: key financials ($)
Table 15: The Company for Cooperative Insurance: key financials (SAR)
Table 16: The Company for Cooperative Insurance: key financial ratios
Table 17: United Cooperative Assurance Co: key facts
Table 18: United Cooperative Assurance Co: key financials ($)
Table 19: United Cooperative Assurance Co: key financials (SAR)
Table 20: United Cooperative Assurance Co: key financial ratios
Table 21: Saudi Arabia size of population (million), 2011-15
Table 22: Saudi Arabia gdp (constant 2005 prices, $ billion), 2011-15
Table 23: Saudi Arabia gdp (current prices, $ billion), 2011-15
Table 24: Saudi Arabia inflation, 2011-15
Table 25: Saudi Arabia consumer price index (absolute), 2011-15
Table 26: Saudi Arabia exchange rate, 2011-15


List of Figures
Figure 1: Saudi Arabia insurance market value: $ billion, 2011-15
Figure 2: Saudi Arabia insurance market category segmentation: % share, by value, 2015
Figure 3: Saudi Arabia insurance market geography segmentation: % share, by value, 2015
Figure 4: Saudi Arabia insurance market value forecast: $ billion, 2015-20
Figure 5: Forces driving competition in the insurance market in Saudi Arabia, 2015
Figure 6: Drivers of buyer power in the insurance market in Saudi Arabia, 2015
Figure 7: Drivers of supplier power in the insurance market in Saudi Arabia, 2015
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Saudi Arabia, 2015
Figure 9: Factors influencing the threat of substitutes in the insurance market in Saudi Arabia, 2015
Figure 10: Drivers of degree of rivalry in the insurance market in Saudi Arabia, 2015
Figure 11: Allianz Saudi Fransi Cooperative Insurance Company: revenues and profitability
Figure 12: Allianz Saudi Fransi Cooperative Insurance Company: assets and liabilities
Figure 13: AXA
Figure 14: AXA
Figure 15: The Company for Cooperative Insurance: revenues and profitability
Figure 16: The Company for Cooperative Insurance: assets and liabilities
Figure 17: United Cooperative Assurance Co: revenues and profitability
Figure 18: United Cooperative Assurance Co: assets and liabilities

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