Insurance merges are accelerate in Saudi Arabia to withdraw contribution map Arabausa

The Saudi Arabic sector is of the integration tugs and ristance of government costs and their chances

After the announcement of the “KEEUnative Insurance” and “cooperative salama” on a comprehension in the integration “reflects a widowing of the company’s scope.

Integration care “and” salama “

The company “and” Salama “has announced the conclusion of bond 31 August, and on the opportunity of the most” Anaya “reformular.

According to the acclination, inclusion of “anaya” will be canceled as expiry, with their shares to get 0.8215 actions in “salama” for each share. Sharing “the care” was evaluated at 6.62 Riyals, a diminution of 9.53 percent compared to the previous sharp price of agreement. The two companies indicated that the schedule details and expected costs will be announced after after obtaining regular approval.

The two companies have signed a memorandum that does not -bindent to understand the February past, and in June has obtained the general authority of the agreement authority.

“Malaz” and “liva” seek integration

For his part, company «Malaz” announce the allocation of the company memoranding “the middle of the interior as well as the end of the Flu.”

This comes in a time when autoria insurance year old, the cancel licenses based on 204, with the purpose of the august and reflecting your mystery, who reflects on the financial station.

Increased and challenges opportunities

The poor and poor credit sorting Manufacture, The Saudia Insurance sector, in spite of focusing and opportunity rated by economic expansion and economic expansion.

The Saficiaging Agniage, in a report “, a copy of this, which market is rude to huge jokes mentioned between 70 percent.

The agency even expected that capital integration and collecting financial disposal in life and currently represents 5 percent of the total market.

Survival strategies

In this context, the first president maintenance of English “, told him” Al -Sharq Al -Wawsat in the second perfect most burning between many businesses.

Since this significant decline puts a significant small size in front of the need to seek the tiny business to survive.

Al -farraj explained that Evils major “” Arabic buba “, cooperative” and “al -rajhi takabyhifi and partnership

Has signaled that the future will not be built on medical insurance products, but also on alternative sectors; As innovative health insurance, and the limit, and the servers of the servants with government projects, in less than long composure and pension Long.

Ello alert the risks that may accurately accompanively accompanies, as difficulties of technical systems, or the attention of competition and prices.

He believed that the success of each file trait is depending on the main performing indicators; As operating efficiency, loss and financial solvency, as investing in canaligal.

Al -Frajoj has conclusionally conclusion that the results of the results of the results of the transform and train the training training, which will judge the train of the industry in the years ago.