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Al Alamiya for Cooperative Insurance Company announces that Its business may be affected due to the precautionary measures taken by the competent authorities to limit the spread of corona virus (COVID-19)

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Element List Explanation
Announcement Detail Reference is made to the decisions taken by the Govt of The Kingdom of Saudi Arabia regarding the Corona Virus (COVID -19) outbreak, Al Alamiya for Cooperative Insurance announces the possibility of the Company’s business being affected, which will reflect on the Company’s performance, and the results of our operations. In the absence of any details regarding how long the curfews/lockdowns will continue, it is difficult to determine the financial impact these actions will have on our business. In the meantime, we remain fully supportive of our Govts decisions for the good of our Nation. All staff continue to be engaged whilst they work from home. Our robust business continuity plan has ensured staff have access to our key systems remotely, so we can continue to service our valued customers. The Company will continue to follow up on all developments relating to Corona Virus (COVID -19) going forward, and any material developments will be announced.

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