Ace Arabia gets SAMA's temporary approval for insurance products

Riyadh-Mubasher: ACE Arabia Cooperative Insurance Co. has obtained Saudi Arabian Monetary Agency's (SAMA) temporary approval to use 25 insurance products for six months starting 4 February.

The products are personal accident,  plate glass, contractors plant and equipment, loss of profits following machinery breakdown, business interruption,  property all risks, property all risks, marine land transit – open,  marine land transit - single shipmen, marine cargo – open .marine cargo - single shipment, hull insurance, truckmen cargo liability, jewellers block, comprehensive crime, products liability, travel insurance, contractors all risk, deterioration of stock, electronic equipment and data processing, erection all risks, machinery breakdown, fire insurance, householders and house owners comprehensive and property all risks standard.

Mubasher Contribution Time: 07-Feb-2016 08:32 (GMT)