Saudi Arabia – Early to assess ins. impact of driving women
Wednesday, 03 14 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The spokesman of insurance companies Mr. Adel Al Issa said that it is too early to evaluate the insurance impact of the decision allowing women to drive vehicles in the Kingdom, which will be implemented starting the 10th of Shawwal. It will be particularly difficult to assess the details related to insurance products and programs.
Moreover, Mr. Adel Al Issa confirmed the positive aspects of the decision from a motor insurance perspective but he indicated the difficulty of determining the expected growth. Furthermore, he noted other positive factors such the control by the traffic authority of uninsured vehicles that commit traffic contraventions.
Source: Al Riyadh Newspaper