Authority to underwrite is drafted according to the qualifications of the underwriters, anticipated combined ratio and nature of each transaction as to whether it constitutes a new business or is a continuation of an old policy. Each engagement will have to be approved by two members of Saudi Re's management.

Authority to handle the claims will be based on the size of the claim and its complexity. Moreover, to ensure separation of duties, processing and payment of each claim will be handled by the accounting department. Within the accounting department, the management will ensure that claims are not processed, authorizated and transfered by the same staff.

The Company plans to engage specialists with relevent expertise in reinsurance accounting and processing to help in structuring guidelines for financial reporting and financial authorities, chart of accounts and the processing procedures including forms and processes.