Saudi Arabia – Insurance risks higher in Jeddah
Tuesday, 11 24 2015, Category: Insurance and Reinsurance, Country: Saudi Arabia
Mr. Adel Al-Issa media spokesman for insurance companies revealed that the city of Jeddah has higher insurance risks compared to other cities. We can observe that Jeddah is particularly exposed to heavy rain, indicating also that this city has problems in its infrastructure. Moreover, the soil of Jeddah does not easily absorb water when it rains which is another problem compared to other cities such as Riyadh of which the soil absorbs water. Noting that the floods that happened in Jeddah took place in the period 2010-2011 originated in the mountains instead of Jeddah. However, Jeddah was not able to contain them indicating that every citizen is scared when heavy rains fall on Jeddah at the city almost drowns.
Source: Al Madina Newspaper