Saudi Re is organizing a seminar

"Developing life insurance in KSA" is the theme of a seminar organized on May 22, 2013 in Riyadh by Saudi Re with the participation of insurance companies’ executives operating in the market.
Debate focused on the significant growth opportunities of life insurance and the means of accelerating its development. This class of business is currently reporting almost 1 billion SAR (267 million USD) of premiums, which accounts for only 6% of the total market turnover.
For the next five years, participants expect an average growth rate of 20%. The introduction of a new financial plan and the change in the population structure are favouring the evolution of this insurance cover.

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