_1777294237270_124456903.png&w=48&q=75){kind=small}
Al-Shura urges reinforcement of mandatory insurance
The Shoura Council in Saudi Arabia has called on the Insurance Authority to strengthen the mandatory insurance system and expand its application to high-risk sectors, aiming to enhance risk management efficiency and reduce financial and economic impacts. The council also urged the development of a regulatory framework for pricing health and vehicle insurance, linking it to claims data and behavioral patterns. Additionally, it encouraged the private sector to expand reinsurance activities and specialized technological products to promote market stability and ensure fairness in pricing.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)