16.09.2011 - Time to revamp insurance industry in Saudi Arabia
Hussain Mohammad Al Meeza is serious when he talks about the state of the local insurance industry and its many practitioners. What he talks about are issues — premiums that have touched a historical low, the intense competition among the 50-odd players, the need for consolidation, and other things — that the industry has been grappling with for some time now. And, unfortunately, without even the barest hint of a solution in sight. That shouldn’t faze Al Meeza from repeating his message that something needs to be done — now — to fix the situation..............................................Full Article: Source
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