MANAMA: The short-term outlook for the Saudi insurance market is positive, despite the Covid-19 pandemic, finds SICO Research, a division of Bahrain-based regional asset manager, broker and investment bank SICO.
Insurers in that country’s healthcare sector should expect a temporary boost to their earnings owing to lower claims in Q2-2020 as a result of less frequent hospital visits due to the coronavirus lockdown, said the firm in a new report .