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FINANCIAL NEWS
Saudi Insurance payments jump by 7.5pct
14 Aug 2016
(MENAFN) The whole amount of premium paid for insurance amid the first half of this year in Saudi Arabia reached SR20.8bn, against SR19.3bn in the same period of 2015.
Accordingly, the average per capita spending on insurance in the cited period reached SR670, compared to SR623 last year, an increase of 7.5 percent.
However, the average per capita spending on insurance during the second quarter of this year was SR291, compared to SR379, a decline of 23 percent.
On the other hand, the average per capita from H1 of 2010 to the same half of 2016 increased by 159 percent, equivalent to SR411.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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