Insurance
Regulation, Risk & Compliance
Uncategorized
Saudi Arabia Bans Insurance and Re-Insurance Activities within the Same Firm
The Saudi Arabian Monetary Agency has prohibited combining insurance and reinsurance brokerage activities in the same company, effective immediately, it said in a statement on Thursday. The agency said it had taken the decision to increase the stability of the insurance sector, boost its contribution to national economic growth and…
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Click here to read the full story: Asharq Al-Awsat