Money and business

“Asij” receives a letter to present a corrective plan on the minimum capital


The United Insurance Group (Assige) received a letter from the Insurance Authority on 15-07-2025 AD stipulating that the company must submit a corrective plan for the authority that clarifies the steps that it will take to adhere to the minimum capital paid to the insurance companies within 10 working days from the date of the speech, which is the same date of receiving the speech. Not less than 300 million riyals, after announcing the results of the extraordinary general assembly held on 22-06-2025 AD, which included the lack of approval to increase the capital.

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