Saudi Arabia: Shory secures regulatory approval to operate in Kingdom

The global insurance industry is heading towards a “progressively softer market environment,” with pricing momentum deteriorating across most European and US property and casualty (P&C) lines, according to a recent Autonomous report.While the report states that this is not yet a “full-blown soft cycle,” as only the UK & Ireland is in this state; most P&C markets are “experiencing stable or gently