Riyadh – Mubasher: The Saudi Arabian Monetary Agency (SAMA) allowed Namar Insurance and Reinsurance Brokers Company to operate once again as of 23 April, after applying some regulations by the agency.
The company stressed on its commitment to SAMA’s standards and orders, especially those related to the regulations of appointing leading posts in financial organisations under the supervision of the agency.
In February, the SAMA had suspended Namar for not being fully committed to the regulatory requirements.
