Tuesday 30, October 2018 by Kudakwashe

Al Alamiya renews insurance agreement with Riyad Bank


The agreement is expected to generate approximately SAR 45 Million in total gross written premium during its term.

Saudi Arabia’s Al Alamiya for Cooperative Insurance has renewed an insurance agreement with Riyad Bank to provide insurance coverage for the auto leasing programme of the bank for a period of one year starting from 1 November 2018 on market terms.

In a bourse statement, Al Alamiya emphasised that this policy has been issued within the usual course of company business and no preferential treatment was given

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