Insurance industry premium growth will be driven by Asia-Pacific markets

March 22, 2013March 21, 2013 H. Cutner

Recent predictions show that by the year 2020, the income from that region’s premiums will have doubled. The results of a new study from the Economic Research Department at Munich Re have shown that by the year 2020, the insurance industry premiums income from the Asia-Pacific region will have doubled their current size. Until that year, nearly half of the estimated additional worldwide primary premiums will come from that region. This equates to approximately €1 trillion, which will be generated by the Asia-Pacific insurance industry. The report on the findings…

Studies Show Saudi Arabian Insurance Market is Growing

October 31, 2010April 9, 2021 H. Cutner

During this most recent economic downturn, many sectors are experiencing losses. Insurance companies, however, are experiencing a 30 to 35 percent annual growth. This growth has been seen particularly in the Saudi Arabia insurance industry, making itself as one of the most rapidly growing in the world. As per a report entitled, “Saudi Arabia Insurance Market to 2010”, the market is churning with Government backed campaigns along with private companies entering as well. This report is resultant of adequate study and research of insurance business in Saudi Arabia. The report…