Wafa Insurance gets SAMA’s nod on products

Riyadh-Mubasher: Saudi Indian Company for Cooperative Insurance (Wafa Insurance) said Wednesday it obtained the temporary approval of Saudi Arabian Monetary Agency (SAMA) on its products.

The products include public liability, product liability, international travel, medical malpractice and medical institutions.

The company said that it was approved by the Council of Cooperative Health Insurance to re-issue group health insurance policies.

The insurer, however, is still suspended from issuing individual health insurance policies.

Mubasher Contribution Time: 16-Mar-2016 06:05 (GMT)