Arabia Insurance: new Chairman and Vice-Chairman of the Board of Directors

Arabia Insurance Cooperative Company (AICC) has announced two new appointments to its Board of Directors.

Abdulaziz Abdulhadi Al Gahtani and Abdulaziz Saleh Al Omair have been respectively appointed Chairman and Vice-Chairman of the Board for a three-year term (2023-2026). The appointments became effective on 6 April 2023.

By way of reminder, the Saudi insurer has ended the 2022 financial year with a turnover of 733.193 million SAR (195.2 million USD) and a net profit of 12.777 million SAR (3.4 million USD).