Arabian Shield Cooperative Insurance Co. said in a bourse statement that it expects the General Department of Traffic’s decision about compulsory motor insurance to have a positive financial impact on its gross written premiums (GWPs).

 

However, it is difficult to accurately determine the financial impact on the insurer's operations at present, the statement added.

 

Saudi Arabia’s General Department of Traffic on Tuesday called on all vehicle owners to have valid vehicle insurance before the resumption of the automatic issuance of traffic violations from July 22.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

TASI
11,502.54
405.89 3.66 %
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,000.0011,200.0011,400.0011,600.00
Close : 11502.54 | Apr 10, 15:20
More

Quotes

ARABIAN SHIELD
17.10
0.42 2.52%
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0016.5016.7517.0017.2517.50
Close : 17.10 | Apr 10, 15:13
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website