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Rules Governing Insurance Aggregation Activities

No: 441/4

Effective from Jan 31 2025 - Feb 18 2020
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The Saudi Arabian Monetary Authority has issued this Rules according to the Governor’s Decision number (441/4) dated 25/06/1441H, based on the powers vested to SAMA by the Cooperative Insurance Companies Control Law promulgated by Royal Decree No. (M/32) dated 02/06/1424H (corresponding to 31/07/2003), and its Implementing Regulation issued by the Decision of the Minister of Finance No. (1/596) dated 01/03/1425H (corresponding to 20/04/2004).