SAMA renews approval for Walaa Insurance on insurance, reinsurance license

27/11/2022 Argaam

Walaa Cooperative Insurance Co. received today, Nov. 27, the approval of Saudi Central Bank (SAMA) to renew the company’s insurance and reinsurance license for three years starting from Jan. 19, 2023 to Dec. 16, 2025, the company said in a statement to Tadawul.

 

The license includes reinsurance, general insurance, medical insurance, saving and protection insurance, the company added.

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