90
F
IGURE
16: G
ROSS
W
RITTEN
P
REMIUMS
Source: SAMA Yearly Statistics
Similarly, Health insurance grew from SAR 1,370.3 million in 2005 to SAR 19,883.4 million in
2018. On the other hand, life insurance GWP did not increase much compared to the other two
types; it was SAR 193.2 million in 2005 and grew to SAR 1,008.3 million in 2018.
F
IGURE
17: N
ET
W
RITTEN
P
REMIUMS
Source: SAMA Yearly Statistics
Figure 17shows that the NWP of the General insurance grew from SAR
1,912.6
million in 2005
to SAR
9,929.2 million in 2018.
Similarly, Health insurance rose from SAR
1,106.6
million in 2005
to SAR
1,9319.4
million in 2018. On the other hand, life insurance NWP did not grow much
compared to the other two types where it was SAR
149.7 million
in 2005 and grew to SAR
710.1
million in
2018.
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General Insurance
Health Insurance
Protection and Saving Insurance
0
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Protection and Saving Insurance