KSA – Reform programs to support insurance
Thursday, 05 10 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
“Al Bilad Capital” expects that the economic reform program in Saudi Arabia will help strengthen the legislative and legal infrastructure of insurance on the medium to long term.
Moreover, the research company said in its report on Wednesday that some hospitals of the ministry of health will be added to the health insurance network during the current year.
Furthermore, it indicated that the insurance sector had a weak growth in year 2017 for the first time since more than 10 years as it decreased by 0.9% due to the slowing growth of the Saudi economy.