Saudi Arabia Insurance Market Analysis
05-Aug-2011 | News-Press Release
This was mainly due to the strong domestic funding and high investments level.  Strict regulation on the part of Saudi Arabian Monetary Authority (SAMA)  facilitated the market developments and better laws further improved the  structure.
  
  According to our new research report “Saudi Arabia Insurance Market Analysis”,  health insurance has emerged as one of the fastest growing segments in the Saudi  Arabian insurance sector. With 53% share of the total insurance premium during  2010, health insurance has become a key growth driver for the overall market.  Moreover, as health insurance has become compulsory for expatriates, the country  is on its way to witness significant surge in the number of insured people. The  share of gross health insurance is likely to reach around 59% by 2014 end.
  
  Under the general insurance sector, sub-segments, such as engineering insurance,  aviation insurance, and motor insurance will contribute towards the growth of  the overall industry. Impressive performance by these segments is likely to  propel the general insurance sector which, in turn, is expected to grow at a  CAGR of around 12% during 2011-2014.
  
  The future outlook of Saudi Arabia insurance sector is highly optimistic as  there is a strong inherent growth potential in the market. Factors, such as low  penetration, strong government support, and rising awareness level are likely to  propel the number of persons opting for insurance plans. Takaful insurance, in  such a scenario, will play a vital role.
  
  “Saudi Arabia Insurance Market Analysis” provides an in-depth insight on the  current performance of the various key insurance segments in Saudi Arabia. It  provides a detail overview of all the segments and takes help of reliable data  and statistics. The report also investigates the current trends prevailing in  the market and analyzes their significance level. Overall, the report is likely  to help clients in getting strong grip on the Saudi Arabia insurance sector.
  
  Table of Contents :
  
  1. Analyst View
  2. Macroeconomic Scenario
  3. Insurance Industry Overview
  4. Industry Forecast to 2014
  4.1 Health Insurance
  4.2 Protection & Savings Insurance
  4.3 General Insurance
  4.3.1 Motor Insurance
  4.3.2 Property/Fire Insurance
  4.3.3 Marine Insurance
  4.3.4 Engineering Insurance
  
  For more information kindly visit : 
  http://www.bharatbook.com/detail.asp?id=177545&rt=Saudi-Arabia-Insurance-Market-Analysis.html
  
  Related Reports
  UK Personal Insurance Distribution 2011
  http://www.bharatbook.com/detail.asp?id=10409&rt=UK-Personal-Insurance-Distribution-2011.html
  
  UK Directors' and Officers' Insurance 2010
  http://www.bharatbook.com/detail.asp?id=42995&rt=UK-Directors-and-Officers-Insurance-2010.html
  
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