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Al Alamiya gets SAMA's approval on 22 products

Al Alamiya gets SAMA's approval on 22 products
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Al Alamiya for Cooperative Insurance Co. said it obtained on Oct. 14, 2014 the Saudi Arabian Monetary Agency’s (SAMA) letter No. 351000151233 dated Oct. 14, 2014, which contains SAMA's temporary approval to use the following insurance products for six months starting from Oct. 14:
1- Money
2- Bankers Blanket Bond
3- Lost Wallet
4- Small Business Solutions
5- Workmen s Compensation
6- Professional Indemnity- Medical Malpractice
7- Travel
8- Home
9- Property All Risks
10- Fire & Allied Perils
11- Business Interruption
12- Boiler & Pressure Vessel
13- Comprehensive Machinery
14- Comprehensive Projects
15- Contractors All Risks
16- Contract Work
17- Contractors Plant & Machinery
18- Electronic Equipment
19- Erection All Risks
20- Erection All Risks Advance Loss of Profit
21- Machinery Breakdown
22- Machinery Loss of Profits