The first Pakistani insurance company Adamjee Insurance Company Ltd. (AICL) has stopped its activities in Saudi Arabia. The company, facing financial difficulties, could not raise its minimum capital to 100 million SR, as required by the new code.
The first Pakistani insurance company Adamjee Insurance Company Ltd. (AICL) has stopped its activities in Saudi Arabia. The company, facing financial difficulties, could not raise its minimum capital to 100 million SR, as required by the new code.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fadamjee-insurance-company-ceased-its-activities-in-saudi-arabia&text=Adamjee+Insurance+Company+ceased+its+activities+in+Saudi+Arabia
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fadamjee-insurance-company-ceased-its-activities-in-saudi-arabia&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/the-new-insurance-distribution-networks-banks-and-postal-services-are-the-unannounced-guests-o