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Insurance intelligence for markets, regulation, companies, and risk.

Source-reviewed archive

Insurance Market Size Tracker reference archive

This archive contains the full source-reviewed market-size references collection for the Insurance Market Size Tracker. Expand a row to review the InsureSouk context before opening the official source.

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UAE 2024 total premium retention ratio Country / market United Arab Emirates Metric type Retention ratio Reporting period 2024 Value 54.9 percent Reviewed June 29, 2026
Country / market
United Arab Emirates
Metric type
Retention ratio
Line / segment
Total insurance sector
Reporting period
2024
Value
54.9 percent
Source type
Official central bank statistical report
Source title
CBUAE Annual Statistical Report for the Insurance Sector of the UAE 2024
Reviewed
June 29, 2026
Status
Source-reviewed
Summary
The CBUAE statistical report gives a 54.9% retention ratio for the UAE insurance sector in 2024.
Why it matters
Retention ratio helps readers see how much premium is retained locally rather than ceded through reinsurance arrangements.
Methodology note
The source reports the ratio as a percentage; this card does not convert it into a premium-volume amount.
Source note
The ratio is taken from the Annual Statistical Report's premium-retention tables for total sector activity.
Reader caution
Use this as a retention indicator only; it is not a measure of profitability, solvency, or reinsurance adequacy.
Saudi Arabia 2024 general insurance gross written premiums Country / market Saudi Arabia Metric type Gross written premiums Reporting period 2024 Value SAR 26,191.1 million Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Gross written premiums
Line / segment
General insurance
Reporting period
2024
Value
SAR 26,191.1 million
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report lists general insurance gross written premiums at SAR 26,191.1 million in 2024.
Why it matters
The general-insurance total helps readers separate Saudi non-health, non-savings premium volume from the market total.
Methodology note
The source reports gross written premiums by line of business in SAR millions.
Source note
The line-of-business table reports general insurance GWP and contribution to total GWP.
Reader caution
Check the Saudi line-of-business basis before comparing with property-casualty totals in other jurisdictions.
Saudi Arabia 2024 health insurance gross written premiums Country / market Saudi Arabia Metric type Gross written premiums Reporting period 2024 Value SAR 42,248.5 million Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Gross written premiums
Line / segment
Health insurance
Reporting period
2024
Value
SAR 42,248.5 million
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report lists health insurance gross written premiums at SAR 42,248.5 million in 2024.
Why it matters
Health is the largest Saudi insurance segment in the report and is central to local premium-volume analysis.
Methodology note
The source reports gross written premiums by line of business in SAR millions.
Source note
The line-of-business table reports health insurance GWP and contribution to total GWP.
Reader caution
Do not compare this segment figure with revenue or claims measures without preserving the GWP definition.
Saudi Arabia 2024 insurance density Country / market Saudi Arabia Metric type Insurance density Reporting period 2024 Value SAR 2,366.5 per capita Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Insurance density
Line / segment
Total insurance market
Reporting period
2024
Value
SAR 2,366.5 per capita
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report states that Saudi insurance density reached SAR 2,366.5 per capita in 2024.
Why it matters
Density gives a per-capita market-depth indicator that complements Saudi premium-volume references.
Methodology note
The report defines insurance density as gross written premium per capita.
Source note
The report's density table breaks the total into general, health, and protection and savings insurance.
Reader caution
Use this as a density indicator, not as total premium volume or a profitability measure.
Saudi Arabia 2024 insurance penetration Country / market Saudi Arabia Metric type Insurance penetration Reporting period 2024 Value 1.87 percent of GDP Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Insurance penetration
Line / segment
Total insurance market to GDP
Reporting period
2024
Value
1.87 percent of GDP
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report states that Saudi insurance penetration to GDP reached 1.87 percent in 2024.
Why it matters
Penetration helps compare insurance-market depth against the broader economy without converting premium values.
Methodology note
The report defines insurance penetration as gross written premiums divided by GDP.
Source note
The report also lists insurance penetration to non-oil GDP at 2.59 percent in 2024.
Reader caution
Use the GDP-basis label before comparing this with non-oil GDP penetration or other country definitions.
Saudi Arabia 2024 motor insurance gross written premiums Country / market Saudi Arabia Metric type Gross written premiums Reporting period 2024 Value SAR 13,891.5 million Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Gross written premiums
Line / segment
Motor insurance
Reporting period
2024
Value
SAR 13,891.5 million
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report lists motor insurance gross written premiums at SAR 13,891.5 million in 2024.
Why it matters
Motor is one of the largest Saudi market lines and a useful indicator for personal and compulsory-insurance context.
Methodology note
The source reports gross written premiums by line of business in SAR millions.
Source note
The gross written premiums by line-of-business table reports motor insurance separately.
Reader caution
Do not treat this as a claims, profitability, or pricing indicator.
Saudi Arabia 2024 protection and savings gross written premiums Country / market Saudi Arabia Metric type Gross written premiums Reporting period 2024 Value SAR 7,702.1 million Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Gross written premiums
Line / segment
Protection and savings insurance
Reporting period
2024
Value
SAR 7,702.1 million
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report lists protection and savings insurance gross written premiums at SAR 7,702.1 million in 2024.
Why it matters
The entry adds a local life-style savings/protection segment reference alongside health, motor, and general insurance.
Methodology note
The source reports gross written premiums by line of business in SAR millions.
Source note
The report notes that protection and savings GWP increased sharply in 2024 and lists the line in the GWP table.
Reader caution
The source notes product-specific payment characteristics; compare carefully with recurring-premium life measures in other markets.
Saudi Arabia 2024 total gross written premiums Country / market Saudi Arabia Metric type Gross written premiums Reporting period 2024 Value SAR 76.1 billion Reviewed June 23, 2026
Country / market
Saudi Arabia
Metric type
Gross written premiums
Line / segment
Total insurance market
Reporting period
2024
Value
SAR 76.1 billion
Source type
Official regulator market report
Source title
The Saudi Insurance Market Report 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The Insurance Authority's 2024 market report states that total gross written premiums reached SAR 76.1 billion in 2024.
Why it matters
The entry adds a local-currency premium-volume reference for one of the core Gulf insurance markets.
Methodology note
The source reports total gross written premiums for the Saudi insurance sector in 2024 and compares the figure with 2023.
Source note
The Insurance Authority annual publications page links to the 2024 report; the GWP section states total GWP reached SR 76.1 billion and the table reports Total GWP of 76,141.7 million.
Reader caution
Do not compare this directly with net written premium, revenue, or non-local market tables without checking definitions and currency basis.
United States 2023 health direct premiums written Country / market United States Metric type Direct premiums written Reporting period 2023 Value USD 1.1 trillion Source date September 30, 2024 Reviewed June 23, 2026
Country / market
United States
Metric type
Direct premiums written
Line / segment
Health sector
Reporting period
2023
Value
USD 1.1 trillion
Source type
Official government annual report
Source title
Federal Insurance Office, Annual Report on the Insurance Industry (September 2024)
Source publication date
September 30, 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The FIO report states that the U.S. health sector reported approximately USD 1.1 trillion of direct premiums written for 2023.
Why it matters
The health sector is a major part of U.S. insurance premium volume and should be distinguished from life and property-casualty references.
Methodology note
The FIO text uses an approximate sector figure for direct premiums written.
Source note
FIO discusses the health sector separately in its U.S. insurance industry overview.
Reader caution
Do not combine this with life and health or property and casualty figures unless the FIO sector basis is preserved.
United States 2023 life and health direct premiums written Country / market United States Metric type Direct premiums written Reporting period 2023 Value USD 943 billion Source date September 30, 2024 Reviewed June 23, 2026
Country / market
United States
Metric type
Direct premiums written
Line / segment
Life and health sector
Reporting period
2023
Value
USD 943 billion
Source type
Official government annual report
Source title
Federal Insurance Office, Annual Report on the Insurance Industry (September 2024)
Source publication date
September 30, 2024
Reviewed
June 23, 2026
Status
Source-reviewed
Summary
The FIO report states that direct premiums written for the U.S. life and health sector were approximately USD 943 billion in 2023.
Why it matters
The entry adds a U.S. sector split beneath the headline all-market premium reference.
Methodology note
The FIO text uses an approximate sector figure for direct premiums written.
Source note
FIO discusses the life and health sector in its U.S. insurance industry overview.
Reader caution
Read this as a U.S. sector reference, not as a global table figure or a company-level result.