SAMA Licenses Online Reinsurance Brokerage Company
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The Saudi Central Bank (SAMA) licensed “ReTech Reinsurance Brokers Co" for a soft launch phase to provide online reinsurance brokerage services.
This decision reflects SAMA's endeavor to support insurance and fintech sectors, and promote innovative financial solutions for financial inclusion in Saudi Arabia.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's official website.
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