Investors' Presentation
INVESTORS’ PRESENTATION Q1 2020 - EARNINGS CONFERENCE CALL TABLE OF CONTENTS I. KSA INSURANCE INDUSTRY II. COVID-19 SUMMARY III. TAWUNIYA’S PERFORMANCE IV. COMPANY OVERVIEW 2 KSA INSURANCE INDUSTRY Change Separator KSA INSURANCE INDUSTRY Active regulators… Over-supplied with Insurers… Compulsory-Driven market… MEDICAL MOTOR PROPERTY & CASUALTY COMPULSORY All private sector employees All motorists must carry a All government infrastructural PRODUCTS (including their dependents) must have 3rd party liability projects are required to have an insurance through their employers Motor insurance Property & Casualty insurance 33 86 64 14 10 4 3 LICENSED COMPANIES Insurance & Loss Actuarial Insurance Reinsurance Brokers Agents Assessors & TPAs Service Advisors Companies Adjusters Providers REGULATORS Saudi Arabian Monetary Authority Council of Cooperative Health Insurance Capital Market Authority (SAMA) (CCHI) (CMA) 4 KSA INSURANCE INDUSTRY Underpenetrated market with high potential for growth… GLOBAL-LOOK COUNTRY-LOOK* (2019) (2019) SR 18,000 USA, 7.1%, 16,804 16,000 PENETRATION UK, 10.6%, Advanced EMEA, 7.6%, 14,000 16,886 12,285 Total GDP Non-oil GDP 12,000 1.27% 1.86% 10,000 8,000 Density Bahrain, 1.8%, 1,950 UAE, 2.9%, DENSITY 6,000 4,894 SR 1,104 Per Capita 4,000 KSA, 1.2%, Emerging 2,000 1,104 EMEA, 2.0%, Health & Property & Motor 0 Protection Casualty SR 251 0% 2% 4% 6% 8% 10% SR 687 SR 165 Penetration Source: Swiss Re Sigma Report 2019 * Preliminary data from the General Authority for Statistics 5 EMEA (Europe, Middle East, Africa) KSA
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