Business Report

Our Landscape

Bupa Arabia

Bupa Arabia was incepted in Saudi Arabia as a joint venture between Bupa and the Nazer Group in 1997. The business went public just 11 years later, with the most successful insurance IPO in Saudi history. Today, we are the leading healthcare insurance company in the Kingdom, taking care of millions of people who rely on us for their healthcare needs.

 

 

As the first specialized health insurance company in the Kingdom, we strive to be our customers’ healthcare partner. We provide quality services that not only grant our customers access to the best healthcare facilities but also facilitate their comfort and safety. Our products and services represent a lifetime of care, beginning at the prenatal stage of life, through maternity, and on to later stages of life, where we seek to assist our members in making healthier life choices through carefully designed offerings, such as Bupa Click, Bupa Tebtom, Bupa Rahatkom, and Bupa Live Right.

2021 financial results

Revenue in 2021:

SR 10.9 billion

Net claims incurred:

SR 9 billion

Before Zakat and income tax profit:

SR 731 million

Earnings per share:

SR 5.23

Our Year at a Glance

 

Bupa Arabia’s Strategic Framework

 

Bupa Arabia’s 1Bupa Strategy

Formally launched across the Organization in 2020, the 1Bupa strategy builds on our long-standing purpose of “helping people live longer, healthier, happier lives, and making a better world”, and fully aligns with the vision of being “The most trusted health insurer in Saudi Arabia”. 1Bupa focuses on six strategic pathways in order to accelerate the Company’s growth through 2023.