CHUBB Arabia Cooperative Insurance Co. Announces Non-distribution of Cash Dividends to Shareholders for the recommendation by its Board of Directors to Non-distribution of Cash Dividends for the fiscal year ending 31/12/2022.

15 March 2023 08:02 AM

CHUBB 8240 68.95% 32.10 13.10

Element List	Explanation
Introduction	Chubb Arabia Cooperative Insurance Company announces the recommendation by its Board of Directors on Tuesday 22/08/1443AH corresponding 14/03/2022AD not to distribute cash dividends for the fiscal year ending 31/12/2022.
Date of the board’s decision	2023-03-14 Corresponding to 1444-08-22
Reasons for Not Recommending Distribution	It is for the continuous support and the future growth of business and preserving the solvency margin
Approvals	The recommendation will be submitted for approval at the General Assembly meeting to be decided at a later date.

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