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مباشر
Saudi Ministers Approve War Risk Fund
The Council of Ministers in Saudi Arabia has approved the establishment of the Saudi War Risk Pool for goods and ships, which is a national mechanism to strengthen the insurance market's capacity to manage maritime risks. The pool aims to support the continuity of trade and supply chains, contribute to enhancing technical readiness, and expand coverage capabilities, thereby boosting the resilience of the national economy and increasing the Kingdom's competitiveness as a global logistics hub. It is led by the Saudi Reinsurance Company under the supervision of the Insurance Authority and involves several insurance firms, serving the insured parties according to approved conditions.
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