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Saudi health insurance council promotes merger operations

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Magazine Issue: 
The insurance business in the post-Covid-19 era [3]
Magazine date: 
Mar 2021

Saudi Central Bank SAMAThe Saudi Council of Cooperative Health Insurance (CCHI) is actively encouraging insurers to proceed with mergers.

Small and medium-sized health insurance companies, once merged, will be exempted from paying qualification and supervision fees for a period of three years.

This initiative, carried out in partnership with the Saudi Central Bank (SAMA), is intended to upgrade the quality of health services provided to beneficiaries.

Read also | Saudi insurers to accelerate merger and acquisition operations [4]

Tue, 09/03/2021 - 11:50

Source URL: https://www.atlas-mag.net/en/article/saudi-health-insurance-council-promotes-merger-operations

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[3] https://www.atlas-mag.net/en/issue/insurance-in-the-aftermath-of-covid-19
[4] https://www.atlas-mag.net/en/article/saudi-insurers-to-accelerate-merger-and-acquisition-operations