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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 17

shows 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.

0

5000

10000

15000

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25000

2005

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2018

Million SAR

General Insurance

Health Insurance

Protection and Saving Insurance

0

5000

10000

15000

20000

25000

2005

2006

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Million SAR

General Insurance

Health Insurance

Protection and Saving Insurance