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Walaa Company announces the Final Approval of Insurance Authority on a Product.
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WALAA
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1447/08/06 25/01/2026 15:56:37
| Element List | Explanation |
|---|---|
| Introduction | Walaa Insurance Company announces that it has obtained the final approval from the Insurance Authority to market and sell the Professional Athletes Injury Insurance product with the identification number (F-WALA-1-C-26-107). This product provides insurance coverage for professional athletes engaged in professional sports activities, policy can be issued through sports clubs, federations, associations, or national teams. The Professional Athletes Injury Insurance offers financial protection against injuries sustained during sporting activities that may result in temporary or permanent disability. |
| Element List | Explanation |
|---|---|
| Date of Receiving the Approval | 2026-01-19 Corresponding to 1447-07-30 |
| Letter Date | 2026-01-19 Corresponding to 1447-07-30 |
| Approved Product\ Products | The Professional Athletes Injury Insurance with the identification number (F-WALA-1-C-26-107) |
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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