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مباشر
Al-Saqr Insurance Plans to Use Reserves to Cover Losses
Al Saqr Cooperative Insurance Company recommended using its legal reserve balance of 8.9 million SAR to offset part of its accumulated losses amounting to 40.5 million SAR, which represents 13.5% of the company's capital. This proposal was approved by its Board of Directors, and the decision may be submitted to the General Assembly for final approval after obtaining the necessary regulatory approvals.
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