SAMA approves insurance products for 3 KSA firms

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.

Mubasher Contribution Time: 23-Aug-2016 07:56 (GMT)
Mubasher Last Update Time: 23-Aug-2016 07:56 (GMT)