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Stay up to date with world news through Asharq Al-Awsat. We provide you with the latest breaking world news to keep you informed on the global situation.
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News
Saudi Arabia Shields Supply Chains with National War-Risk Insurance Pool
2+ day, 14+ hour ago (1612+ words) Trade can grind to a halt before ports close or shipping lanes are blocked. Disruption can begin elsewhere, when cargo or vessels become too costly or difficult to insure, or when markets are unable to provide adequate coverage for war-related…...
‘Disciplined Pricing’: Saudi Arabia Tightens Motor Insurance Oversight, Protects Competition
2+ day, 23+ hour ago (1711+ words) Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices that could undermine competition. It has also introduced six regulatory standards for motor insurance pricing, requiring insurers to…...