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Saudi Enaya renews qualification with Insurance Authority

Saudi Enaya renews qualification with Insurance Authority
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Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has received formal approval from the Insurance Authority to renew its qualification on 15 July 2026.

The renewed qualification is valid for a duration of one year. According to the regulatory filing, the new term is scheduled to commence on 22 July 2026 and will remain in effect until its expiration on 21 July 2027. This ensures the company's compliance with the latest standards and requirements set by the national insurance regulator.

The company stated that the receipt of this approval is a standard procedural requirement for maintaining its standing as a qualified insurance provider in the Saudi market.

No further financial impact or operational changes were disclosed in connection with this specific regulatory renewal.

Earlier this month, the listed company was granted the Insurance Authority’s approval to extend the deadline for its commitment to minimum capital requirements.