Saudi insurance market registers growth

(MENAFN) A seminar by Saudi Reinsurance Company (Saudi Re) was held on Saudi property insurance market, and welcomed a number of professionals from insurance companies in Saudi Arabia, according to Arab News. The seminar focused on the improvements the Saudi property market saw, as premiums totaled 6 percent of gross written premiums of the market reaching USD0.346 million. The seminar also focused on the importance of improving their risk management and their capability to avoid losses.