The Saudi Arabia Insurance Authority has suspended Al-Muttahida Cooperative Insurance Company from issuing or renewing compulsory health, motor and domestic labor contract insurance policies from Oct. 27, 2025, after identifying violations of supervisory and regulatory instructions. The suspension does not release the company from its obligations under existing policies or claims arising from them. Al-Muttahida must take all necessary measures to ensure policyholders’ interests are not affected.
2025-10-27Saudi Arabia Insurance Authority
Saudi Arabia Insurance Authority suspends Al-Muttahida Cooperative Insurance Company from issuing or renewing compulsory insurance policies
The Saudi Arabia Insurance Authority has barred Al-Muttahida Cooperative Insurance Company from issuing or renewing compulsory health, motor and domestic labor contract insurance policies from Oct. 27, 2025, over regulatory violations. The company remains responsible for existing policies and related claims.