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211513

An analytical study of Insurance Sector in the Kingdom of Saudi Arabia and its compatibility with Vision 2030

Article

Last updated: 05 Jan 2025

Subjects

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Tags

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Abstract

The study gives an expected indicator for the insurance market during the period from 2022 to 2030, which shows the increase in the operation of the insurance sector, as illustrated premiums, claims and losses ratios for all insurance branches, which means that the insurance sector developing in the future in line with the development of the economic sector in the Kingdom of Saudi Arabia Saudi Arabia, which is linked to the national transformation of the Kingdom from an economy that relies solely on oil to become enjoys with flexibility and multiple sources of revenue and production processes and international trade with the creation of promising job opportunities and multiple industries of variable sizes in line with achieving the main objectives of vision 2030 and the resulting economic effects that require diversity in Insurance coverage with the update and development of insurance products currently offered in the Saudi insurance market.

DOI

10.21608/ajccr.2021.211513

Authors

First Name

Mohamed

Last Name

Saber

MiddleName

Ghazy

Affiliation

College of Business Administration, University of Business and Technology, Saudi Arabia

Email

m.saber@ubt.edu.sa

City

Giza

Orcid

-

First Name

Moamen Atef Mohammed

Last Name

Ali

MiddleName

-

Affiliation

College of Business Administration, University of Business and Technology, Saudi Arabia

Email

-

City

-

Orcid

-

Volume

1

Article Issue

1

Related Issue

29746

Issue Date

2021-12-01

Receive Date

2021-12-29

Publish Date

2021-12-01

Page Start

75

Page End

85

Print ISSN

2805-248X

Online ISSN

2805-2498

Link

https://ajccr.journals.ekb.eg/article_211513.html

Detail API

https://ajccr.journals.ekb.eg/service?article_code=211513

Order

4

Type

Original Article

Type Code

2,025

Publication Type

Journal

Publication Title

The Academic Journal of Contemporary Commercial Research

Publication Link

https://ajccr.journals.ekb.eg/

MainTitle

An analytical study of Insurance Sector in the Kingdom of Saudi Arabia and its compatibility with Vision 2030

Details

Type

Article

Created At

23 Jan 2023