7 companies banned from issuing motor policies
The Saudi Arabian Monetary Authority (SAMA) has banned three insurance companies and four insurance agencies from issuing, renewing or selling compulsory vehicle insurance policies, local media reports state. The companies are Arabian Shield Cooperative Insurance Co., Saudi-Indian Co. for Cooperative Insurance, Malath Cooperative Insurance Reinsurance Co., Ajyad Al-Khaleej Insurance Co., First Insurance Co., Al-Takaful Saudi […]
