• • Dr. Al Kholifey: Our decisions take the people into account, ensure fair prices and diversity of services and protect against monopoly. He also confirmed that: Moving towards mergers creates momentum to tackle the challenges facing the Insurance Sector in the future
• • Chairman of the Insurance General Committee: We should be effective partners in the Saudi Vision 2030 striving to achieve development and change for the better
• • Chairman of the Insurance Executive Committee: SAMA provided the advanced and comprehensive legislative and regulatory infrastructure needed for the development of the Insurance Sector.

Riyadh, April 17, 2017

Under the patronage of Dr. Ahmed Abdulkarim Al Kholifey, Governor of the Saudi Arabian Monetary Authority (SAMA), the Insurance General Committee holds the "4th Saudi Insurance Symposium" at King Fahd Cultural Center in Riyadh on 30 April and 1 May 2017.

The symposium is the largest gathering for insurance companies operating in the Kingdom of Saudi Arabia and across the Gulf Cooperation Council. Held on biennial basis, the symposium is designed to encourage the economic role played by insurance sector in promoting economic development and offer solutions to the top challenges facing the sector. This year, the symposium is held after the issuance of the "Saudi Vision 2030" and the following economic reforms and actions that would have positive impact on insurance sector, and will be attended by officials from major local, regional and international insurance and reinsurance companies, to discuss the economic role of insurance sector in advancing Saudi economic development. In concurrent with SAMA issuance of several new policies and regulations during this month...

General Committee of the insurance companies organizes the third Saudi insurance symposium titled " Present and Future " in the Rafal Tower Kempinski Hotel in Riyadh on 29 and 30 April 2015 under the Patronage of Dr. Fahad Al Mubarak governor of the Saudi Arabian Monetary Agency.

Media Spokesman Of Insurance Companies Adel bin Abdulaziz Al-Essa , the symposium aims to discuss the Saudi insurance market with all its components, and to provide solution for the major challenges facing the sector in line with the status of the insurance industry in the world, in order to benefit from the expected growth of the National economy..

Mr. Adel Bin Abdulaziz Al-Essa the media spokesman of the insurance companies confirmed that the Third Saudi insurance symposium of this year's called "Present and Future" will discuss issues concerning the Saudi insurance sector in particular and groping the major challenges faced by the sector at the moment, Al-Essa said that the most important issues to be addressed at the Symposium is the phenomenon of erosion funds of the insurance companies and theses own heads merger and acquisitions, and the seminar will address the lack of awareness of insurance and the role of the media in educating the community, also the Symposium will go through role of technology in improving services companies to customers and reduce the high operating expenses, in addition, the symposium contains a number of discussion sessions in general insurance, vehicles and medical and reinsurance areas.

It is noteworthy that the third Saudi insurance Symposium will be held on the 10th and 11th of Rajab 1436 AH corresponding to 29th and 30th April 2015 under the patronage of HE Dr. Fahd Al-Mubarak governor of the Saudi Arabian Monetary Agency, in Burj Rafal Hotel Kempinski, Riyadh.