The ability of an insurer to pursue a subrogated action to recover a pay out made under an insurance policy is an important feature of an insurance contract

Saudi Arabia's insurance industry has long been a key player in the region, becoming one of the largest insurance markets in the GCC. The sector has experienced notable growth and transformation over the past decade...

The Council of Cooperative Health Insurance issued a circular on 22 July 2018 addressed to all health insurers, healthcare providers and TPAs that a new claims settlement process will come into effect in October 2018.

The KSA Insurance Authority ("IA") requires foreign reinsurers that underwrite or renew contracts covering Saudi Arabia risks to complete registration on the IA's designated electronic platform...

It appears that developments in Dubai are being mirrored in other jurisdictions in the Middle East...

The Kingdom of Saudi Arabia is widely recognised as having the largest and fastest growing population in the Gulf Cooperation Council (the "GCC"), with over half the population under 40.

The Insurance Authority ("IA") has recently introduced a new compliance requirement that extends not just to those domiciled in KSA, but to all who are participating in KSA based insurance risks.

Will the recent ruling by the Appeal Committee of Insurance Disputes create an uninsurable risk for cargo claims in the Kingdom?

Discussion point: Are your voyage approvals being driven by legal analysis—or by what your insurers will actually stand behind?

A 'warranty' is a well understood term in the context of insurance law. An insured that provides a warranty effectively promises to the insurer that certain facts are true or untrue and/ or undertakes that certain conditions shall be ...

KPMG conducted an extensive research program, interviewing executive leaders across eight key global markets to understand the impact of AI on the insurance industry.

The Council of Cooperative Health Insurance (CCHI) issued a circular on 30 January 2014 addressed to all health insurance companies providing that a new Cooperative Health Insurance Policy will come into effect in 2018.

Warranty and Indemnity (W&I) insurance has evolved from a specialist solution on a handful of high profile cross-border deals to a mainstream risk-allocation tool that now supports more and more global private mergers...

On 4 January 2013, the Decision No. 01/12 dated 1 January 2013 ratifying the Executive Regulations on the Activity of Contractors of Sea Goods Transport was published in the Saudi official gazette, Umm Al-Qura.

The Saudi Arabian Monetary Authority has issued the outsourcing regulation for insurance and reinsurance companies and insurance services providers operating in the Kingdom of Saudi Arabia.

The Kingdom of Saudi Arabia has a robust maritime industry that plays a crucial role in the country's economic development.

Artificial intelligence is becoming a key priority as insurance organizations navigate complexity in a fast-paced world.

Insurance was first recognised by the legal system in the Kingdom of Saudi Arabia (KSA) following the enactment of the "Law of Control of Cooperative Insurance Companies" (Insurance Law) in 2003.

This is particularly true of insurance policies taken out for business purposes.