A REVIEW OF INSURANCE PRODUCTS
Date
2021-03-20
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University Of Strathclyde
Abstract
This comprehensive research delves into the nuanced dynamics of the insurance
industries in the United Kingdom and Saudi Arabia, employing a meticulous methodology that
integrates deductive research, comparative analysis, and a combination of qualitative and
quantitative approaches. The study strategically focuses on major insurance players in each
region and unravels their financial performances, product offerings, and market strategies. The
research sheds light on critical insights into the operations of these companies, emphasizing
their strengths, adaptability to market trends, and strategies for navigating regulatory
challenges.
Through an in-depth financial performance analysis of companies in the UK and in
Saudi Arabia, the study provides a nuanced understanding of liquidity, profitability, and
solvency. This analysis showcases the resilience of these companies in distinct markets. An
exploration of product offerings in both the UK and Saudi Arabia underscores the adaptability
of companies like to be evolving consumer preferences and regulatory landscapes. The
comparative analyses draw attention to both commonalities and disparities, weaving a rich
tapestry of insights crucial for industry stakeholders.
The study concludes with strategic recommendations aimed at enhancing financial
resilience, adopting adaptive product strategies, and fostering cross-regional collaborations.
These insights significantly contribute to existing knowledge by providing a detailed
understanding of the insurance landscapes in the two regions. The findings offer valuable
guidance for academics, practitioners, and policymakers, ensuring a holistic comprehension of
the challenges and opportunities within the insurance sectors of the United Kingdom and Saudi
Arabia
Description
Keywords
insurance, life insurance, Cultural Influences on Insurance Practices, Transformation Insurance Sector, Insurance Products in Saudi Arabia, 2 Regulatory Considerations for Life Insurance