Chubb Arabia: 2023 results

Chubb Arabia has published its key business indicators for the year ended 31 December 2023 in accordance with the new IFRS 17 and IFRS 9 standards.

Insurance revenue amounted to 329.438 million SAR (87.8 million USD), up by 10.05% over one year.

The net result stood at 24.817 million SAR (6.6 million USD) against 12.537 million SAR (3.3 million USD) at the end of 2022.

During the reporting period, the company's shareholders' equity reached 423.84 million SAR (112.9 million USD).