SAMA through its Council of Cooperative Health Insurance has penalized 15 Saudi health insurance companies [4]. These sanctions intervene for non-respect of the legislation in force.
The controlling institution has decreed a temporary cessation of activity for two companies. Five insurers were fined while eight others had seen their online underwritings suspended.
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[3] https://www.atlas-mag.net/en/issue/reinsurance-struggling-to-survive
[4] https://www.atlas-mag.net/en/category/tags/compagnies/health-insurance-companies-saudi-arabia