Insurance
Regulation, Risk & Compliance
Uncategorized
Saudi regulator seeks to raise capital levels for insurers
Saudi Arabia is working on new regulations that would raise capital requirements for the kingdom’s overcrowded insurance sector, its central bank governor said in an interview with Bloomberg TV. The new rules would “make the market more attractive to foreign investors,” Ahmed Alkholifey, governor of the Saudi Arabian Monetary Authority,…
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Click here to read the full story: Gulf Business