MEDGULF gets SAMA nod on comprehensive motor insurance product

14/02/2023 Argaam
Logo ofMediterranean and Gulf Insurance and Reinsurance Co. (

Logo of Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)

Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) received, on Feb. 13, the Saudi Central Bank’s (SAMA) approval on the comprehensive motor insurance product for individual clients, the insurer said in a statement to Tadawul.

 

The decision came in accordance with Comprehensive Motor Insurance Rules, issued on Nov. 8, 2022, the statement added.

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