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SAMA renews Arabia Insurance's professional license for 3 yrs

SAMA renews Arabia Insurance's professional license for 3 yrs
(Photo credit: Arabianeye - Reuters)
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Riyadh – Mubasher: Arabia Insurance Cooperative Co. has obtained the renewal of the professional license from Saudi Arabian Monetary Agency (SAMA) for three years.

The renewal will be valid from 12/06/1438 Hijri till 11/06/1441 Hijri, according to a bourse filing.

In November, the company said that it received SAMA's final approval on a number of insurance products.