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Saudi Insurance Expenditure

Saudi Reports an Insurance Expenditure of $2.8Bn in October
As part of its digital transformation strategy, GOSI emphasized a complete shift toward reliance on digital platforms for transaction processing. Supplied

Saudi Reports Insurance Expenditure of $2.8 Bln in Oct.

In a significant financial update, Saudi Arabia has reported an insurance expenditure totaling $2.8 billion in October. This figure marks a notable event in the country’s insurance industry. Traditionally, the insurance market in the Kingdom of Saudi Arabia has been characterized by a conservative approach. The Kingdom’s financial protection is…