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Saudi insurers lead GCC region in net profit and revenues, study shows

The net profit of insurance companies in Saudi Arabia surged by 1,221.3 percent year-on-year in 2023 to $861 million, driven by favorable economic conditions.  According to the report released by research firm Insurance Monitor, in association with Lux Actuaries and Consultants, four firms from the Kingdom grabbed their spots on…

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Click here to read the full story: Arab News

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