A REVIEW OF INSURANCE PRODUCTS

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Date

2021-03-20

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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

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Keywords

insurance, life insurance, Cultural Influences on Insurance Practices, Transformation Insurance Sector, Insurance Products in Saudi Arabia, 2 Regulatory Considerations for Life Insurance

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