Health Insurance to Drive Saudi Arabia Insurance Market
Saudi Arabia health insurance market is anticipated to grow at a CAGR of around 25% during 2011-2013, says RNCOS in its latest research report.

As per our research, the health insurance market will be boosted by the recent introduction of compulsory health insurance for private employees irrespective of their company size. However, growth of the health insurance will slow down towards the end of 2013, as all the expatriates will be covered under mandatory insurance plan and the rest of the people will then form the growth of the country's healthcare insurance market.
Besides health insurance segment, various other segments are showing promising future prospects. Motor, Property, and Fire insurance segments have shown tremendous growth in the past and we anticipate that these segments will significantly grow in the coming years on the back of promotional strategies deployed by the government.
Further, our report reveals that the voluntary insurance is still not very common in Saudi Arabia. Most of the insurance premiums come from the compulsory branches of insurances. In 2010, majority of the total Gross Written Premium was generated by compulsory lines - motor and health insurance.
Our report "Saudi Arabia Insurance Market Analysis", provides comprehensive information, statistical data, and rational analysis of the insurance industry in Saudi Arabia. Moreover, the emerging market trends and developments, such as Takaful Insurance, Bancassurance, Reinsurance, etc are thoroughly studied in the report. Further, the report elaborates on the forecasts for all the segments of the insurance market viz. health insurance, protection and savings insurance, motor insurance, and the entire sub segments of non life insurance segment.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM301.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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Categories: Insurance
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B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707