Announcement of Suspending Al-Yamama Insurance Brokers Company
الإعلان عن إيقاف شركة اليمامة لوساطة التأمين
The Insurance Authority issued a decision suspending Al-Yamama Insurance Brokers Company from practicing its activity effective Tuesday, 15/10/2024, pursuant to Article (19) of the Law on Supervision of Cooperative Insurance Companies issued by Royal Decree No. (M/32) dated 02/06/1424 AH, as amended. The suspension does not relieve the company of its obligations under active insurance policies and related claims, and will not be lifted until the company proves it has corrected its status and complied with regulatory standards and requirements. Rights holders who do not receive a response from the company within (3) business days may file with the Insurance Authority via the customer protection portal (care.ia.gov.sa) or the toll-free number (8001240551).
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