SAMA suspends Willis Saudi Arabia on violations

26/05/2018 Argaam

 

Saudi Arabian Monetary Authority (SAMA) has suspended Willis Saudi Arabia Co. Ltd.’s insurance and reinsurance activities as of May 24, 2018.

 

The insurer was suspended due to severe violations, which impacted the integrity and fairness of competition, the Kingdom’s central bank said.

 

Lifting the suspension will be considered when the firm corrects the situation and abides by the rules, it added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.