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...

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?

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.

Saudi Arabia's insurance industry has long been a key player in the region, becoming one of the largest insurance markets in the GCC.

Rising geopolitical tensions in the Gulf are reshaping how insurers, reinsurers, and corporate risk managers navigate risk. From war and political violence to cyber attacks and sanctions, the region's landscape demands strategy, precision, and a proactive approach.

The Saudi Arabian Monetary Agency (SAMA) published its Draft Audit Committee Regulations for Insurance and/or Reinsurance Companies (the Regulation) on 23 July 2011.

Since the promulgation of the Law on Supervision of Cooperative Insurance Companies (the Insurance Law) in the Kingdom of Saudi Arabia (KSA) in August 2003, the Saudi Arabian Monetary Agency (SAMA) has been one of the most proactive and progressive insurance regulators in the Middle East.

The Q&A gives a high level overview of the market trends and regulatory framework in the insurance and reinsurance market...