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Arabia Insurance Restructures Board and Launches Premium Residency
The Cooperative Insurance Company announced the reorganization of its Board of Directors' committees and the Audit Department for the new term, extending until May 2030. Additionally, it gave its final approval for the marketing and sale of the "Premium Residency Insurance" product for individuals in the Kingdom of Saudi Arabia. This approval came following a decision issued on July 16, 2026, by the Insurance Authority, permitting the company to begin marketing the product in accordance with the approved regulatory guidelines.
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