| Release Date: | 1445-01-28 |
|---|---|
| Release Tool: | Council of Ministers Resolution |
| Issuance Instrument Number: | 85 |
| Validity: | Valid |
| Summary: | By AI Approval has been granted for the establishment of an independent authority for insurance in the Kingdom of Saudi Arabia, which will assume all responsibilities related to the insurance sector, including the Health Insurance System and the regulation of insurance companies. The authority must coordinate with the Council of Health Insurance to transfer responsibilities within three years, and the current regulations will remain in effect until the procedures are completed. The Chairman of the Boa... |