Al Sagr Insurance gets SAMA nod on license renewal

19/06/2022 Argaam
Logo of Al Sagr Cooperative Insurance Co.

Logo of Al Sagr Cooperative Insurance Co.

Al Sagr Cooperative Insurance Co. said it received on June 16 the approval of the Saudi Central Bank (SAMA) to its request to renew the license to practice insurance activity in Saudi Arabia, according to a bourse filing.

 

The license was renewed for three years as of Oct. 16, 2022 to Sept. 11, 2025, in general insurance and health insurance.

 

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