FA to hold EGF for Insurance sector

The Financial Academy has announced that the body will be organising the Economic Growth Forum (EGF) virtually to discuss issues related to insurance sector development in the Kingdom of Saudi Arabia.

During the virtual forum, which is scheduled to kick off at 1:00 p.m. on Tuesday 23, March, 2021, executives and experts in the insurance sector and government leaders will be discussing a number of key topics, including the leading role of the Saudi Central Bank in achieving sustainable insurance growth, the impact of COVID-19 pandemic on the insurance industry as well as challenges facing the sector, especially with regard to health insurance, according to a report by SPA.

Abdullah Al-Tuwaijri, head of Insurance Companies Control Department at Saudi Central Bank and Dr. Shabbab Al-Ghamdi, secretary general of the Council of Cooperative Health Insurance will participate in the EGF, as the session will be moderated by Adel bin Abdulaziz Al-Essa, media spokesman for Insurance Sector and head of Insurance Media and Awareness Committee.

Director General of the Financial Academy Manea Al Khamsan said that the EGF aims at shedding light on the development of the insurance sector in Saudi Arabia, both at individual and corporate levels, and will be discussing a variety of topics related to the insurance sector in general and the health insurance in particular.