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The Advancement of Maritime Insurance Regulations in the Kingdom of Saudi Arabia

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In the process of modernizing marine insurance in the Kingdom of Saudi Arabia (KSA), the Saudi Arabia Central Bank (SAMA) issued official Marine Insurance Coverage Instructions on October 4, 2023. The issuing of these instructions was a significant step towards establishing a regulatory framework for both mandatory and non-mandatory marine insurance within the KSA, as… Continue reading The Advancement of Maritime Insurance Regulations in the Kingdom of Saudi Arabia

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