Saudi Arabia – Eradicating unlicensed ins. Sales
Wednesday, 09 19 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Saudi Arabian Monetary Authority issued a warning about the unlicensed issuance of insurance especially compulsory motor insurance.
Moreover, insurance companies and brokerage companies as well as licensed agencies welcomed the move of SAMA to take action on the offices and car sales garages that sell insurance illegally.
Source: Al Riyadh newspaper