Al Rajhi Takaful gets SAMA nod for new insurance product

29/11/2017 Argaam

 

Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has obtained approval from the Saudi Arabian Monetary Authority (SAMA) to launch and market a new insurance product covering loss of employment, it said in a bourse statement on Wednesday.

 

The regulator’s approval is valid for six months, starting Dec. 1, 2017.

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