Riyadh-Mubasher: Saudi Company for Hardware (SACO) on 7 January received the final insurance settlement worth SAR 23.8 million from Allianz Saudi Fransi Cooperative Insurance Co., the company said in a bourse statement.
The settlement will be reflected on the company's income statement for the fourth quarter of 2015.
The settlement is related to losses incurred from a fire at Al Takhasosi branch in Riyadh on 11 September 2013.
