Insurance Authority organizes second edition of “Insurance Diwaniya” to continue dialogue on sector development

The Insurance Authority organized the second edition of the “Insurance Diwaniya” event, attended by His Excellency the CEO of the Authority, Engineer Naji bin Faisal Al-Tamimi, the CEOs of insurance and reinsurance companies, and a number of leaders from the Authority and the sector. This edition was a continuation of the Authority's efforts to promote constructive dialogue and develop the insurance sector, in line with the objectives of Saudi Vision 2030.

The second edition of the Insurance Diwaniya aimed to discuss market developments and review the most prominent challenges and opportunities, in addition to highlighting the recent regulatory initiatives led by the Authority to support the growth and stability of the sector and explore ways to raise the level of services provided to beneficiaries.

In his speech during the meeting, His Excellency the CEO of the Insurance Authority emphasized that organizing the second edition of the Diwaniya comes within the framework of the Authority's keenness to maintain continuous communication with its partners in the sector and listen to their suggestions, thereby contributing to the development of regulatory policies, raising market efficiency, and enhancing its competitiveness and reliability.

This event is an extension of a series of qualitative initiatives implemented by the Insurance Authority to strengthen the sector and achieve the highest levels of transparency and stability, thereby contributing to supporting the Kingdom's financial and economic system.