Saudi Arabia – Comprehensive strategy for insurance sector
Monday, 05 23 2016, Category: Insurance and Reinsurance, Country: Saudi Arabia
The media spokesman of insurance companies Mr. Adel Al-Issa revealed that insurance companies are following serious moves to set a comprehensive strategy for the sector, confirming that it will be ready before year-end 2016 and will be presented to “SAMA”.
Mr. Al-Issa indicated that the general committee of insurance companies held a meeting to set the outline of the strategy. He explained that the first step was to establish a committee to draft the strategy for the next phase.
Moreover, Mr. Issa revealed that the Ministry of Labor and Social Development discussed with a number of insurance companies a few days ago the insurance policy covering domestic workers.
Source: Gulf 24