Saudi requires big data insurance actuaries: top official

Follow-ups -eshrag News:

Wed, 2022-09-28 16:28

RIYADH: Actuaries who can handle big data are necessary for Saudi Arabia’s insurance sector to grow and move forward, according to a top official. 

Speaking at the Saudi Insurance Symposium in Riyadh on Sept. 28, CEO of Consulting Actuaries and Insurance Specialists Sulaiman bin Mayouf, said that the company has invested in human resources through the establishment of a program aimed at graduating Saudi actuarial personnel. 

An actuary is a person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums. 

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Business & Economy

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