Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Proposed capital requirement could drive consolidation

April 11, 2019 Reprints

Experts said that a proposed five-fold increase in minimum capital requirement for Saudi Arabian insurers is likely to drive consolidation in the sector, Middle East Insurance Review reported. The Saudi Arabian Monetary Authority is currently assessing plans to increase insurers' capital requirement to 500 million Saudi Arabian riyals ($133 million) from the current SAR 100 million.

Help

Proposed capital requirement could drive consolidation

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources