Saudi Re has organised a seminar on market development

Saudi Re has held a seminar in Riyadh on market development and trends for the benefit of its customers. This meeting provided an opportunity for the professionals to get key information on the situation of insurance and reinsurance in the kingdom. Moreover, tariff developments have been debated. According to Saudi Re, the current prices evolution is likely to strain companies’ portfolio and compromise the task of attracting first-rank insurers. Optimal reinsurance coverage, exposures management and the choice of retention levels were also among the main topics on the agenda.