Walaa Cooperative Insurance Company Receives SAMA Approval on Renewing the Insurance and Reinsurance License

Walaa Cooperative Insurance Company SJSC, formerly Saudi United Cooperative Insurance Co SJSC, is a Saudi Arabia-based insurance and reinsurance company. The Company operates under following business segments: Medical segment, Motor segment, Property segment, Engineering segment, and others segment. Medical insurance segment, which provides coverage for health insurance; Motor insurance segment, which provides coverage for vehicles' insurance; Property insurance segment, which provides coverage for property insurance; Engineering insurance segment, which provides coverage for engineering and contract works; and other insurance segment, which provides coverage for marine and other general insurance. The Company operates in all over the Kingdom through approximately three regional offices and approximately 70 retail offices.