MetLife AIG renews auto insurance policy for Arab National Bank

30/03/2017 Argaam

Arab National Bank (ANB) has inked a one-year agreement with Metlife AIG ANB Cooperative Insurance Co. to renew the bank’s auto insurance policies at SAR 4.2 million in insurance coverage and annual premium amounting to SAR 179,307, the bank said in a statement.

 

The company's proposal has been approved on March 29, 2017.

 

The one-year contract— which starts tomorrow— will be renewed upon mutual agreement.

 

MetLife added that no preferential treatment was given on issuing these policies to ANB. However, it explained that board members Robert Eid and Nezar Twijri have direct interest in the policy as they also serve on the bank’s board.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
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.