15 April 2025
The
Insurance Authority has announced the licensing of “Deloitte Actuarial
Services” Company to operate in the field of actuarial services. This step
aligns with the Authority’s role in regulating and supporting the insurance
sector, including the development of actuarial services such as risk
assessment, pricing, liability evaluation, and provisioning.
It also
contributes to transferring specialized expertise to enhance the sector’s
sustainability and stability.
This licensing
is part of the Authority’s efforts to encourage investment in the insurance
sector, diversify the investor base, and add value to the industry. The Insurance Authority highlights the importance of
dealing with licensed companies, which can be verified through its official
website: WWW.IA.GOV.SA.