Arabian Shield obtains SAMA approval to renew 3 insurance licenses

01/11/2022 Argaam

Arabian Shield obtains SAMA approval to renew 3 insurance licenses

Logo of Arabian Shield Cooperative Insurance Co. 


Arabian Shield Cooperative Insurance Co. announced that it obtained, on Oct. 31, an approval from the Saudi Central Bank (SAMA) to renew the licenses of general insurance, health insurance, as well as protection and saving.

 

The licenses will be effective as of Dec. 27, 2022 until Nov. 23, 2025, the company said in a statement to Tadawul.

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