Saudi Arabia clarifies the application of warranties in insurance contracts
Assurance et réassurance
The ability of an insurer to pursue a subrogated action to recover a pay out made under an insurance policy is an important feature of an insurance contract. This is especially true in the Kingdom of Saudi Arabia, which has experienced significant growth as an insurance market over the last ten years.
In this podcast, Partners Richard Bell, Saud Alsaab, Michael Morris and Keith Hutchison explore the challenges of pursuing subrogated actions in Saudi Arabia and discuss some recent developments in the insurance sector in the Kingdom.