Skip to main content
  Versions

 

Rules for Licensing and Supervision of Branches of Foreign Insurance and/or Reinsurance Companies in Saudi Arabia

The Saudi Arabian Monetary Authority has issued the following Rules according to the Governor's Decision number (18/440) dated 10/04/1440H based on the powers vested to him by the Cooperative Insurance Companies Control Law promulgated by Royal Decree No. (M/32) dated 02/06/1424H (corresponding to 31/07/2003), amended by Royal Decree No. (M/30) dated 27/05/1434H (corresponding to 08/04/2013), and its Implementing Regulation issued by the Cooperative Insurance Companies Control Law,