Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has received on 22 June the Saudi Central Bank’s (SAMA) approval for renewing its insurance and reinsurance licence for three years, according to a bourse filing on Wednesday.
The activity practice permit is effective from 4 August 2021 until 30 June 2024.
A day earlier, SAMA approved for both Al Rajhi Takaful and Chubb Arabia to renew their licences for three years as well.