Buruj’s gets SAMA's nod to launch unit's operations

Riyadh – Mubasher: Buruj Cooperative Insurance Company announced on Tuesday that its subsidiary Gulf Warranties for Insurance Services obtained yesterday a permit from Saudi Arabian Monetary Agency (SAMA) to settle insurance claims for three years, starting from the date of approval.

Buruj expected the move to have a positive impact on the company as of the second quarter of 2016.

Mubasher Contribution Time: 22-Mar-2016 05:47 (GMT)