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Market size of the insurance industry in the Gulf Cooperation Council from 2011 to 2024, by segment (in billion U.S. dollars)

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Sources

Release date

May 2026

Region

Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, MENA

Survey time period

2011 to 2024

Supplementary notes

Data collected from multiple reports.

Citation formats

Insurance industry market size in GCC 2011-2024 by segment

Published by Jenny Yang, Jun 1, 2026

In 2024, the value of gross written premiums for the non-life insurance segment of the GCC insurance industry totaled around **** billion U.S. dollars. The value of gross written premiums for the life insurance segment in the GCC region was worth *** billion U.S. dollars.

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