The 74 publicly listed insurers across the GCC (Gulf Cooperation Council) region closed the first quarter of 2026 with insurance revenues totaling 10.753 billion USD, marking a 13.6% year-over-year increase.
Combined net profit for all companies concerned rose by 14.7% to 714 million USD.
Investment income reached 571 million USD, up 8.5% compared to the same period in 2025.
Saudi Arabia maintained its position as market leader, generating insurance revenue of 4.982 billion USD. It was followed by the United Arab Emirates (3.104 billion USD), Qatar (1.169 billion USD), Kuwait (833 million USD), Oman (494 million USD), and Bahrain (171 million USD).



