Saudi Monetary Authority grants Wafa Insurance approval for comprehensive home insurance

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The Saudi Arabian Monetary Agency (SAMA) announced its approval for the Saudi Indian Cooperative Insurance Company (Wafa Insurance) to carry out comprehensive home insurance operations for a period of 6 months under specific conditions prepared by the Monetary Agency (SAMA).

SAMA confirmed in a letter sent to the company on June 1, this year. <In a letter sent to the company on June 1, SAMA confirmed the conditional approval for home insurance.