Alinma Tokio Marine qualified by CCHI

Riyadh-Mubasher: Alinma Tokio Marine said the Council of Cooperative Health Insurance (CCHI) qualified the company for three years starting from 14 February 2016, as per a letter received from the council on Monday.

The Saudi insurer lowered its losses in the fourth quarter of 2015 by 82.5% to SAR 2.03 million, compared with SAR 11.58 million in the year-ago period.

Full-year losses also fell 25.4% year-on-year to SAR 21.9 million from SAR 25.4 million.

Mubasher Contribution Time: 16-Feb-2016 06:50 (GMT)