Every company has a past, but not every company chooses to actively shape a different future. MEDGULF’s recent transformation has been a deliberate reinvention, driven not by external pressure, but by ...

RIYADH — The insurance sector in Saudi Arabia grew 2.3 percent in 2030 with total written premiums reaching SR38.78 billion, according to the Saudi Central Bank (SAMA) 14th annual report on the Saudi ...

Lockton, the world's largest privately held insurance brokerage, has secured its reinsurance license in the Kingdom of Saudi ...

The Council of Health Insurance and the Saudi Insurance Authority began implementing a decision today to make insurance ...

Saudi Arabia’s Cabinet approval of the National Insurance Strategy marks a major milestone for the Kingdom’s financial sector, with experts describing it as a transformative step that could reshape ...

The Saudi Insurance Authority (IA) has taken action to revoke the licences of 28 insurance and brokerage companies. This move is part of a broader strategy to stabilise and improve the performance and ...

Rapid growth among Saudi Arabia’s Islamic insurers will benefit the domestic bond market but bypass dollardenominated issues due to regulations that keep insurers’ investment close to home, experts ...

JEDDAH – In the light of ongoing and sustained megaprojects in the region, a property insurance expert said that traditional insurance method is not appropriate for insuring these projects. In an ...

Saudi Re for Cooperative Reinsurance Co. (Saudi Re) announced signing an exclusive reinsurance contract with Malath Cooperative Insurance Company, on behalf of the Saudi insurance industry, to provide ...

The Saudi Red Sea Authority (SRSA) and the Insurance Authority have signed a cooperation agreement to launch insurance products covering risks associated with all coastal tourism activities through ...

Initial public offerings of Saudi insurance firms United Company for Cooperative Insurance, IAIC and ASF have all been oversubscribed two to three days after they opened, their financial adviser said ...