The Draft Insurance Law: A Transformative Step Towards Stability and Rights Protection in the Saudi Insurance Sector

Introduction As part of the Kingdom’s efforts to develop an advanced legislative framework that enhances financial stability and aligns with international best practices, the Insurance Authority has released the draft Insurance Law for public consultation until 22 July 2025. This initiative stems from the Authority’s mandate under Cabinet Resolution No. (85) dated 28/01/1444H, and […]