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BUPA ARABIA FOR COOPERATIVE INSURANCE CO. ANNOUNCES RECEIVING THE FINAL APPROVAL FROM SAMA FOR A NEW INSURANCE PRODUCT
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BUPA ARABIA
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1440/08/26 01/05/2019 08:00:56
| Element List | Explanation |
|---|---|
| Introduction | Bupa Arabia for Cooperative Insurance Company announces that it has received the approval from SAMA to sell its new insurance product “Bupa Munsha’at” in the Kingdom of Saudi Arabia. |
| Element List | Explanation |
|---|---|
| Date of receiving SAMA's approval | 2019-04-30 Corresponding to 1440-08-25 |
| Letter Number | SAMA reference 30819/89 |
| Letter Date | 2019-04-30 Corresponding to 1440-08-25 |
| Approved Product\ Products | Bupa Munsha’at |
| Element List | Explanation |
|---|---|
| Additional Information | This new product is designed for small and medium enterprises (SME), enhances the variety of Bupa Arabia’s available SME products, and it is anticipated sales will commence during the third quarter of 2019. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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