Saudi Arabia's insurance market grew almost 33% in 2006 after the kingdom made motor and health insurance mandatory, reported Reuters. Gross premiums paid to Saudi insurers by clients rose to 6.9bn riyals from 5.2bn riyals in 2005, while health insurance premiums grew 64% to 2.2bn riyals.
Source: AMEinfo
Sunday, September 2, 2007
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