The Insurance Authority has issued a circular that will require at least 30% of all reinsurance treaties (proportional and non-proportional) to be ceded to licensed reinsurance companies in the kingdom, said Saudi Reinsurance Company (Saudi Re).
The Insurance Authority has issued a circular that will require at least 30% of all reinsurance treaties (proportional and non-proportional) to be ceded to licensed reinsurance companies in the kingdom, said Saudi Reinsurance Company (Saudi Re).