Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) received on 3 May the Saudi Capital Market’s (SAMA) final approval to provide Saudis travelling from the Kingdom with a product covering COVID-19 risks.
The product will be sold through Tawuniya, in participation with a number of Saudi insurance companies, according to a bourse filing on Monday.
Tawuniya’s shareholders have recently approved a dividend payout of SAR 0.8 per share for 2020.
Source: Mubasher
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