Riyadh – Mubasher: Three Saudi insurance companies announced obtaining the Saudi Arabian Monetary Agency’s (SAMA) final approval on a number of insurance products on Monday.
MetLife AIG ANB Cooperative Insurance received the final approval of SAMA on using the following products: property all risk and business interruption, pollution legal liability and group health.
Ace Arabia Cooperative Insurance obtained SAMA’s final approval on 25 products, according to a bourse filing on Tuesday.
Moreover, Al Inma Tokio Marine obtained its final approval to use insurance products for extended warranty product.