Tawuniya Insurance reported record profits and a 28% market share in 2025, driven by a 20% rise in gross written premiums and a 17% increase in insurance revenues. CEO Othman Alkassabi highlighted disciplined growth strategies, with health insurance contributing 72% of revenue and 78% of profits. The company aims to double its customer base within five years by expanding into healthcare, hotel bookings, and motor services. This performance strengthens Tawuniya's position in Saudi Arabia's growing insurance sector, which is supported by regulatory efforts to boost health and motor coverage adoption.
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