Saudi Arabia – SAMA warns 14 companies in ins. Sector
Wednesday, 06 27 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Saudi Arabian Monetary Authority “SAMA” warned 14 companies in the insurance sector that it would suspend their licenses if they do not fix their situation within 20 days by completely meeting their regulatory requirements and instructions in order to conduct insurance business. Therefore, they have to meet the requirement of SAMA through their registered addresses.