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SAMA renews approval for MetLife insurance products

SAMA renews approval for MetLife insurance products
METLIFE AIG ANB
8011
-7.74% 14.30 -1.20
MetLife AIG ANB Cooperative Insurance said it received on Oct. 21, 2014 the Saudi Arabian Monetary Agency’s (SAMA) letter No. 351000154493 dated Oct. 21, 2014, which includes SAMA's extension of its temporary approval to use the following insurance products for three months starting from October 1 2014:
1-Travel Guard
2-Directors and Officers Liability
3-Financial Institutions Professional Indemnity
4-Plastic Card Insurance
5-Extended Warranty
6-Workmen's Compensation Employers Liability

7-Group Travel
8-Property All Risk plus Business Interruption
9-Marine Cargo Open Cover
10-Contractors All Risks
11-Erection All Risks
12-Comprehensive General Liability
The company also obtained SAMA’s letters No. 351000154495 154497 154516 154522 154525 154536 154541 154548 154551 154553 dated Oct. 21, 2014, which contains the agency’s extension of temporary conditional approval to use the following insurance products for six months effective from October 1, 2014:
1-SME Office
2-SME Clinicare
3-SME Educare
4- SME Food and Beverage
5-SME Retail
6- SME Personal Care
7-Home Care
8- Home Alone
9- Tenant Shield
10- Personal Lines Plus