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Al-Jada'an: Insurance Boosts Economy
Saudi Arabia has enhanced its capacity to manage maritime risks through the establishment of the Saudi War Risks Pool for goods and ships, thereby strengthening the insurance market's ability to handle maritime hazards. The goal is to support the continuity of trade and supply chains and to boost the resilience of the national economy. This initiative is led by the Saudi Reinsurance Company and contributes to expanding coverage options in accordance with the regulations of the Saudi Arabian Insurance Authority, reinforcing Saudi Arabia’s position as a global logistics hub. The pool aims to protect national achievements and provide technical support, fostering collaboration between the public and private sectors.
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