Saudi Arabia approves marine war-risk insurance pool to support trade
RIYADH — Saudi Arabia’s Cabinet has approved the establishment of a national insurance pool covering war risks for cargo and vessels. The move aims to strengthening marine insurance capacity and supporting the continuity of trade and supply chains.Finance Minister Mohammed Al-Jadaan said the pool would provide a specialized national mechanism to help the insurance market manage maritime risks…
We haven't written up this one. Saudi Gazette has the full story — the link below goes straight to it.
