"In a significant step toward strengthening the resilience of the Saudi insurance sector and advancing the promises of the National Insurance Sector Strategy, the Insurance Authority has announced the transition to a Risk-Based Capital (RBC) framework, effective 1 January 2027. The framework will serve as the adopted standard for measuring the solvency of insurance and reinsurance companies, replacing the currently applied framework. This step aligns with the National Insurance Sector Strategy's objective to enhance sector efficiency and sustainability in the Kingdom, while reinforcing the role of the insurance sector in achieving the objectives of Saudi Vision 2030"

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