Riyadh – Mubasher: The Insurance Authority (IA) granted its approval for Gulf General Cooperative Insurance Company (GGCI) to market and sell the tourist visa insurance product for individual tourists visiting the Kingdom.
The product has been approved under Product Identification Number (P-GGEN-2-I-26-039), according to a bourse filing.
Last May, the company named Mohammed Abdullah Alghamdi as its Acting CEO.
In the first quarter (Q1) of 2026, GGCI incurred 41.05% year-on-year (YoY) lower net losses at SAR 14.01 million, compared to SAR 23.78 million.
