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Saudi Central BankSaudi Central BankNewsSAMA Announcement regarding the cancellation of Insurance Activity of The Arabian RFAB limited Company for insurance and reinsurance.
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SAMA Announcement regarding the cancellation of Insurance Activity of The Arabian RFAB limited Company for insurance and reinsurance.
4/1/2018 12:00 AM

The Saudi Arabian Monetary Authority (SAMA) announced its decision to cancel the company activity in the insurance starting of 15 / 7 / 1439, corresponding to 1 / 4 / 2018. This decision came after observing the company incompliant to requirements and instructions issued by SAMA in this regard. SAMA calls upon insureds and beneficiaries of the insurance to adhere to their rights and to review the company in that. In case of no response from the company, SAMA encourages filing a complaint at the Consumer Department on the website: samacare.com or the Toll free 800125666.

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