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Consolidation, not pricing, will decide Saudi insurers’ survival, Moody’s VP says
Pricing discipline will stay difficult without further consolidation, which will be critical for sector income to become more sustainable
Luberef gets a chairman, KDL + Liva appoint new CEOs
KDL appointed Majed Abdullah Al Qahtani as CEO and Liva tapped Mohamed AlTooblani for the role
WSM gets the regulatory okay for new debt program
Plus: Jeddah Islamic Port gets a new shipping service
Growth + consolidation incoming for ins. sector
The strategy comes as the sector has long been dominated by health and motor coverage
Qiddiya City launches film production hub PlayMaker Studios
Salama and Enaya set voting dates for their merger
3Q earnings keep rolling in
Bahri, Bupa Arabia, and AlRajhi Takaul saw their bottom lines widen in 3Q 2025, while Nahdi Medical posted a decrease…
Al Yamamah Steel’s Yanbu wind power factory goes live
ALSO- S&P Global reaffirmed Wataniya Ins.’s ratings at BBB+ and ksaAA+ on the Saudi National Scale Rating
Ladun Investment lands SAR 446 mn villa project in Riyadh’s Mashriqiya
ALSO: Sama greenlights five new licenses
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