| 1. | The Company’s and Insurance and Reinsurance Services Provider’s Chairman, Board Members, and Senior Managers must be trustworthy and experienced in financial and insurance business to unable them to carry out their duties in the best possible way.
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| 2. | A Company’s board members shall not be a member of the board of directors of any other insurance and or reinsurance Company.
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| 3. | SAMA may object to the appointment of any of the Board Members, appointed executive managers of the company and of the Insurance and Reinsurance Services Provider.
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