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Auto insurance doubles in KSA
- Saudi Arabia: Monday, November 15 - 2004 at 09:23
Car insurance in Saudi Arabia grew by 126 per cent to USD153m last year as a result of the mandatory insurance imposed two years ago, reported the Saudi Arabian Monetary Agency. Medical insurance rose by 9.8 per cent to USD70m while insurance against fire jumped to USD62m and energy insurance by 55 per cent to USD32m.
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Peter J. Cooper
