Saudi: SAMA seeks public opinion on amended draft rules that cover the insured s relatives and private drivers zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The Saudi Central Bank (SAMA), the regulator of the local insurance market, has launched a public consultation exercise on draft amendments to the Comprehensive Motor Insurance Rules
RIYADH: The insurance sector in Saudi Arabia witnessed a 26.9 percent growth in 2022 compared to a rise of 8.4 percent in 2021, reflecting the Kingdom’s efforts toward developing the sector. The total written premium in 2022 stood at SR53 billion ($14.1 billion), up from SR42 billion the year prior, according to the 16th annual report on the insurance market released by the