Al Alamiya Insurance gets SAMA nod to renew license for 3 years

23/06/2021 Argaam

Al Alamiya for Cooperative Insurance

Al Alamiya for Cooperative Insurance Co. received the Saudi Central Bank’s (SAMA) approval to renew the license to practice insurance and reinsurance activities.

 

This includes general insurance, health insurance, and protection and savings insurance.

 

The three-year approval extends from Aug. 4, until June 30, 2024, the insurer said in a bourse statement.

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