2 Days
Source:
الاقتصادية
Shura Council Urges Insurance Pricing Reforms
The Saudi Shura Council called for the development of the regulatory framework for pricing health insurance and vehicle insurance, linking it to claims data, risks, and usage behavior to enhance fairness and ensure the sustainability of the sector. It also urged strengthening the mandatory insurance system, expanding its application to high-risk activities, and stimulating the reinsurance and insurance technology sectors, with the aim of improving risk management efficiency and reducing financial and economic impacts.
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