Saudi Re has organised an engineering workshop

Saudi Reinsurance Company (Saudi Re) has organized an engineering workshop for Saudi insurers. The developments witnessed by this class of business which generates over 1 billion SAR (267 million USD) in premium (5% of the market’s turnover) were on the agenda.
More technical aspects pertaining to the underwriting of contractor’s all-risk, erection all-risk, business interruption, machinery breakdown and electronic equipments were examined.