Insurance Authority Announces Lifting the Suspension of Al Sagr Cooperative Insurance Company from Selling the Mandatory Vehicle Insurance, Effective 19/06/2025
تُعلن هيئة التأمين رفع الإيقاف عن شركة الصقر للتأمين التعاوني عن بيع منتج التأمين الإلزامي على المركبات اعتباراً من تاريخ 2025/06/19م
The Insurance Authority announced it lifted the suspension on Al Sagr Cooperative Insurance Company from selling the mandatory vehicle insurance product, effective Thursday 19/06/2025, following its earlier suspension announcement dated 19/02/2025. The Authority stated the decision followed the company's board efforts to implement effective governance and correct its violations and its compliance with regulatory standards, adding it will continue monitoring the company to ensure the sustainability of corrective measures.
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