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Arabia Insurance Gets Final Nod for Premium Residency Product
Arabia Insurance secured final Saudi approval for its Premium Residency insurance product, allowing it to market and sell coverage for the kingdom's residency program.
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Arabia Insurance Cooperative Company received final approval from the Insurance Authority on 16 July to market and sell its Premium Residency insurance product, the company said in a regulatory filing.
The approval came through the regulator's electronic platform and covers the insurance offering designed for individual clients in Saudi Arabia. The product has been assigned identification number P-AICC-2-I-26-053.
Authorization allows the insurer to expand its retail portfolio by providing specialized coverage for beneficiaries of the Saudi Premium Residency program. The company said the approval represents the final regulatory step needed to bring the product to the domestic market.
No financial impact was disclosed in the filing.
The insurer separately appointed Wahbe Abdullah Tamari as Chairman of the Board.
How this story was producedLast reviewed Jul 19, 2026
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.
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