Trade Union gets SAMA’s nod to issue, renew vehicle policies

Riyadh-Mubasher: Trade Union Cooperative Insurance Co. has obtained the approval of Saudi Arabian Monetary Agency (SAMA) to provide new subscribers with vehicle insurance services, the company said in a bourse statement.

The issuance and renewal of the vehicle insurance policies will be effective as of 16 February, which will have a positive impact on sales starting from the first quarter of 2016.

    

Mubasher Contribution Time: 16-Feb-2016 06:50 (GMT)