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Al Alamiya renews insurance licence

Al Alamiya renews insurance licence
The activity practice permit is effective from 4 August 2021
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Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has received on 22 June the Saudi Central Bank’s (SAMA) approval for renewing its insurance and reinsurance licence for three years, according to a bourse filing on Wednesday.

The activity practice permit is effective from 4 August 2021 until 30 June 2024.

A day earlier, SAMA approved for both Al Rajhi Takaful and Chubb Arabia to renew their licences for three years as well.