Tal Nazer, CEO of Bupa Arabia for Cooperative Insurance Co. 

Several insurance products will be offered in the Saudi market, including life and property insurance, Al Ekhbariya TV reported, citing Tal Nazer, CEO of Bupa Arabia for Cooperative Insurance Co.

 

On the sidelines of the sixth Saudi Insurance Symposium held in Riyadh, Nazer stressed that the launch of regulations will greatly help the growth of the insurance sector.

 

Minister of Finance Mohammed Al-Jadaan said a unified regulator for the insurance sector, independent of the Saudi Central Bank (SAMA), will be announced soon. This aims to develop the sector and facilitate compliance in the health sector and other operations, according to data available with Argaam.

 

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