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Chase Your Dreams without Hesitation

Chase Your Dreams without Hesitation

Insuring Today, Shaping Tomorrow​

Pursue Your Goals with Confidence

Pursue Your Goals with Confidence

Insuring Today, Shaping Tomorrow​

Pursue Your Passion with Confidence

Pursue Your Passion with Confidence

Insuring Today, Shaping Tomorrow​

The Authority in numbers

The Insurance Authority seeks to enhance transparency and highlight its impact on regulating and developing the insurance sector through digital indicators that reflect the size of the sector, the efficiency of services, and the level of compliance.

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Market size

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Number of companies

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Number of workers in the sector

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(CAGR) from 2021 to 2025

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Services Directory

Through the e-services guide, you can easily access the required link and obtain the required service.

Health Insurance Information Inquiry

This service allows user to inquire about the status of health insurance, verify its validity, and identify the insurance company that issued it.

Individual
Service Details Start eService

Tameen Platform

This service enables businesses wishing to benefit from the e-services of the Insurance Authority.

Business
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Visitor, Tourist, or Pilgrim Insurance Inquiry

This service allows user to inquire about the status of visitor, tourist, pilgrim insurance to ensure its validity.

Individual
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Individual Product

Obtaining IA approval for products directed to the individuals

Business
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Group Products

Obtaining IA accreditation for products directed to the corporate

Business
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Premium Residency Insurance Inquiry

This service allows Premium Residency holders in the Kingdom of Saudi Arabia to check the status of their health insurance, verify its validity, and inquire about the insurance company that issued the policy, whether for the Premium Residency holder or their family members covered by the insurance.

Individual
Service Details Start eService

Individual and Group Products

Obtaining IA approval for products directed to both the individuals and corporate

Business
Start eService

Inquire about the list of service providers approved by the Health Insurance Council

This service allows beneficiaries to view a list of service providers approved by the Health Insurance Council.

Individual
Service Details Start eService

Qualification and Requalification / Rehabilitation

Beneficiaries may obtain approval from the Insurance Authority (IA) for the qualification or requalification of insurance companies, reinsurance companies, insurance brokers, and insurance-related professionals to practice their activities, in accordance with insurance regulations.

Business
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Latest News

Check out the latest news from the Insurance Authority, media releases, and updates related to the regulation and development of the insurance sector in the Kingdom.

20 May 2026

For Violating Anti-Money Laundering and Counter-Terrorist Financing Requirements, Insurance Authority Imposes Financial Penalty of SAR 875,000 on an Insurance Company

The Insurance Authority issued a decision on 10th May 2026, against an insurance company, imposing a financial penalty of SAR (875,000). The action followed the identification of multiple violations related to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, including deficiencies in AML/CTF risk assessment, the requirements of due diligence and enhanced measures, the requirements of monitoring and ongoing review of transactions and activities, and AML/CTF compliance management arrangements.

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20 May 2026

For Violating Anti-Money Laundering and Counter-Terrorist Financing Requirements, Insurance Authority Imposes Financial Penalty of SAR 250,000 on an Insurance Company

The Insurance Authority issued a decision on 13th May 2026, against an insurance company, imposing a financial penalty of SAR (250,000) two hundred and fifty thousand Saudi Riyals. The action followed the identification of multiple violations related to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, including deficiencies in AML/CTF risk assessment, and monitoring and ongoing review of transactions and activities.

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20 May 2026

Ministry of Sport and Insurance Authority Sign MoU to Develop Sports Insurance Products in Saudi Arabia

The Ministry of Sport and the Insurance Authority signed today, Wednesday, 20 May 2026, a memorandum of understanding to strengthen cooperation between the two entities and support the development of specialized insurance products for the sports sector. The MoU seeks to enhance the efficiency and inclusiveness of Saudi Arabia's insurance sector while promoting and encouraging community participation in various sports activities.

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14 May 2026

Insurance Authority Organizes Fourth Edition of “Insurance Diwaniya” with Participation of Sector Leaders and Representatives

The Insurance Authority organized the fourth edition of the “Insurance Diwaniya" from May 13 to 14, 2026, attended by the Authority's CEO and leadership, along with CEOs and senior representatives of insurance and reinsurance companies. The event forms part of the Authority's efforts to strengthen engagement with the sector and discuss priority regulatory, technical, and operational topics.

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07 April 2026

For Violating Anti-Money Laundering and Counter-Terrorist Financing Requirements, Insurance Authority Imposes Financial Penalty and Orders Corrective Measures on an Insurance Company

The Insurance Authority issued a decision on 11 March 2026, against an insurance company, imposing a financial penalty of SAR (880,000) and requiring the company to appoint an independent external consultant at its own expense to rectify its position. The action followed the identification of multiple violations related to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, including deficiencies in AML/CTF risk assessment, customer due diligence and verification of the ultimate beneficial owner, as well as the monitoring and ongoing review of transactions and activities.

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07 April 2026

For violating Anti-Money Laundering and Counter-Terrorist Financing requirements The Insurance Authority imposes a financial penalty of SAR (500,000) on an insurance company

The Insurance Authority issued a decision on 25 March 2026 against an insurance company, imposing a financial penalty of SAR (500,000) due to the identification of a violation related to Anti-Money Laundering and Counter-Terrorist Financing requirements, specifically concerning the monitoring and ongoing review of transactions and activities.

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05 April 2026

The Insurance Authority Announces Transition to Risk-Based Capital Framework

In a significant step toward strengthening the resilience of the Saudi insurance sector and advancing the promises of the National Insurance Sector Strategy, the Insurance Authority has announced the transition to a Risk-Based Capital (RBC) framework, effective 1 January 2027. The framework will serve as the adopted standard for measuring the solvency of insurance and reinsurance companies, replacing the currently applied framework. This step aligns with the National Insurance Sector Strategy's objective to enhance sector efficiency and sustainability in the Kingdom, while reinforcing the role of the insurance sector in achieving the objectives of Saudi Vision 2030.

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31 March 2026

The Insurance Authority: Offering and selling the “Extended Warranty” product outside licensed insurance companies constitutes a violation

The Insurance Authority announced that the offering or sale of the “Extended Warranty" product by car dealerships, retail companies, and all other entities without obtaining the required regulatory license from the Authority constitutes a clear violation of the Cooperative Insurance Companies Control Law.

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25 March 2026

The Insurance Authority Announces the Approval of the Licensing Requirements for the Underwriting Activities

The Saudi Insurance Authority announced the approval of the Licensing Requirements for the Underwriting Activities, as part of its ongoing efforts to develop the regulatory frameworks of the insurance sector and enhance the efficiency of professional practices, supporting market stability and improving governance standards.

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Contact and support

We are here to serve you. We are happy to hear from you through the available communication channels.

Phone

We are happy to receive your calls

8001240551

Email

Contact us via email

Info@ia.gov.sa

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Last Modified Date: 21/05/2026 - 3:41 PM Saudi Arabia Time