The Insurance Regulatory Unit granted conditional preliminary approval to Yiaco Medical, Gulf Insurance Group, Kuwait Insurance Company, Securities Group Company, and Amathus General Trading Company to establish a closed shareholding company for the purpose of practicing the activity of a central insurance depot,
The approval is valid for six months starting from October 29, 2024, to April 28, 2025, to meet the requirements and standards specified by the unit, in accordance with the provisions of Resolution No. 38 of 2023.