Al Alamiya renews insurance licence

Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has received on 22 June the Saudi Central Bank’s (SAMA) approval for renewing its insurance and reinsurance licence for three years, according to a bourse filing on Wednesday.

The activity practice permit is effective from 4 August 2021 until 30 June 2024.

A day earlier, SAMA approved for both Al Rajhi Takaful and Chubb Arabia to renew their licences for three years as well.

Mubasher Contribution Time: 23-Jun-2021 08:52 (GMT)
Mubasher Last Update Time: 23-Jun-2021 08:52 (GMT)