Searching Content from Saudi Arabia indexed under Insurance Laws and Products ordered by Published Date Descending.
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KSA Health Insurance: New Claims Process Becomes Effective In October 2018
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.
Saudi Arabia
14 Aug 2018
New Unified Cooperative Health Insurance Policy In Saudi Arabia - Effective July 2018
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.
Saudi Arabia
28 Feb 2018
Understanding The Effect Of Deductibles In Insurance Policies
This is particularly true of insurance policies taken out for business purposes.
Saudi Arabia
9 Oct 2017
What Marine Insurers Can Learn From The RENOS Case?
When assessing a constructive total loss of a ship, should the value of salvage services incurred prior to the issuance of a Notice of Abandonment be taken into account?
Saudi Arabia
9 May 2017
Saudi Arabia Gives 12 Months' Notice For Replacement Of Combustible Cladding
It appears that developments in Dubai are being mirrored in other jurisdictions in the Middle East...
Saudi Arabia
5 May 2017
Subrogated Insurance Recoveries In The Kingdom Of Saudi Arabia
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.
Saudi Arabia
10 Feb 2017
Saudi Arabia Update - November 2016
Despite the new system, the existing Nitaqat procedure for categorizing companies based on their size and the industry in which they operate, ranking them on a color-coded scale...
Saudi Arabia
1 Dec 2016
Healthcare In The Kingdom Of Saudi Arabia — An Overview
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.
Saudi Arabia
4 Oct 2016
Saudi Arabia Update - January 2016
The Saudi Arabian Labor Law provides that employees shall be entitled to 21 days of paid leave annually, to be increased to 25 days upon completion of five years of service with the employer.
Saudi Arabia
3 Feb 2016
Subrogated Cargo Claims In The Kingdom Of Saudi Arabia
Will the recent ruling by the Appeal Committee of Insurance Disputes create an uninsurable risk for cargo claims in the Kingdom?
Saudi Arabia
19 Jan 2016
Will KSA Lead The Region On Insurance Reform?
Industry and market commentators have long predicted a wave of consolidation in the Kingdom of Saudi Arabia's (KSA) insurance sector.
Saudi Arabia
26 Aug 2015
Saudi Arbitration Law: A Change In Approach To Insurance Arbitration
The New Arbitration Law came into force in Saudi Arabia on 9 July 2012 ("New Law").
Saudi Arabia
13 Jul 2015
Insurance And Reinsurance In Saudi Arabia
The Q&A gives a high level overview of the market trends and regulatory framework in the insurance and reinsurance market...
Saudi Arabia
19 Mar 2015
New Saudi Shipping Regulations: Regulating Shipping And Marine Insurance Policy Wording
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.
Saudi Arabia
19 Jun 2013
Ins(urance) And Outs(ourcing) In KSA
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
11 Feb 2013
The Saudi Arabian Legislative Spring – Towards An Insured Securitisation
The Saudi Arabian Legislative Spring has seen the issuance of the long-awaited Mortgage Law and other significant new legislation.
Saudi Arabia
12 Sep 2012
The Saudi Arabian Cooperative Insurance Market: The Premier League Of Islamic Insurance?
At the time this article was originally written, the English football Premier League was nearing the end of the 2011/2012 season…
Saudi Arabia
23 Jul 2012
The SAMA Draft Audit Committee Regulation For Insurance And/Or Reinsurance Companies
The Saudi Arabian Monetary Agency (SAMA) published its Draft Audit Committee Regulations for Insurance and/or Reinsurance Companies (the Regulation) on 23 July 2011.
Saudi Arabia
30 Sep 2011
The Ongoing Regulation of the Saudi Insurance Market
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.
Saudi Arabia
25 Nov 2010
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