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Value of the insurance market in the Gulf Cooperation Council in 2024, by country (in billion U.S. dollars)

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Sources

Release date

May 2026

Region

MENA

Survey time period

2024

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Insurance market size in GCC by country 2024

Published by Jenny Yang, Jun 1, 2026

As of 2024, Saudi Arabia was the largest insurance market within the Gulf Cooperation Council region with a gross written premium (GWP) value of **** billion U.S. dollars. The total market size of the GCC regions insurance industry based on the GWP was **** billion U.S. dollars in the same year.

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