Saudi Arabia – Competition in motor ins. Market
Saturday, 06 23 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The spokesman of insurance companies Mr. Adel Al Issa said that the motor insurance market will witness a high level of competition to attract new female customers.
According to the Saudi “Al Watan” newspaper the motor insurance price for female driver will not be stable as every company will define its pricing policy without practicing discrimination between men and women.
Furthermore, the actuary will set the motor insurance prices for female drivers according to the characteristics of the related insurer and its policy.