Money and business
“Falcon Insurance” general

The Board of Directors of Al -Saqr Cooperative Insurance Company announced the results of the regular general assembly meeting (the first meeting), which was held yesterday.
The company said in a statement on Saudi Arabia’s circulation: The results included: Not to agree to amend the company’s governance regulation.
She added that the results included: Approval of amending the policy of rewards for the members of the Board of Directors and the committees emanating from the Council and the Executive Administration.
She pointed out that the results included: Approval of the approval of the risk committee’s work regulations, and to agree to amend the regulation of the review committee.
She stated that the results included: Approval of amending the regulations for the nominations and bonuses committee, and approval to approve the investment committee’s work regulation.
She stated that the results included: Approval of the approval of the implementation of the Executive Committee’s work, and to agree to the approval of the policy of competition controls and standards.
The company said in a statement on Saudi Arabia’s circulation: The results included: Not to agree to amend the company’s governance regulation.
She added that the results included: Approval of amending the policy of rewards for the members of the Board of Directors and the committees emanating from the Council and the Executive Administration.
She pointed out that the results included: Approval of the approval of the risk committee’s work regulations, and to agree to amend the regulation of the review committee.
She stated that the results included: Approval of amending the regulations for the nominations and bonuses committee, and approval to approve the investment committee’s work regulation.
She stated that the results included: Approval of the approval of the implementation of the Executive Committee’s work, and to agree to the approval of the policy of competition controls and standards.
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