Saudi Arabia – Insuring maids before year-end 2017
Monday, 01 09 2017, Category: Insurance and Reinsurance, Country: Saudi Arabia
The spokesperson of insurance companies Mr. Adel Issa said that there are attempts to introduce new products during the current year such as the insurance of domestic workers and organizing other products such as engineering insurance. He stressed on the necessity of offering new products that will support the large number of insurance companies operating in the market as there are approximately 35 companies.
He added to “Al Eqtisadiah” that the insurance sector in KSA is large and can support a large number of insurers. However, the sector needs to be organized indicating that motor and health insurance represent the largest shares, so introducing new products will help positively the sector in the kingdom.
Source: Al Eqtisadiah