Logo ofMalath Cooperative Insurance Co.andLogo ofLIVA Insurance Co.
Malath Cooperative Insurance Co.andLIVA Insurance Co.agreed, on Feb. 21, to extend the memorandum of understanding (MoU) to evaluate their potential merger for an additional month. 
In separate statements toTadawul, both companies said that the MoU will be extended untilMarch23, 2026, under the same terms and conditions.
In August 2024, the two insurers signed a non-binding MoU to evaluate a potential merger,Argaamreported.
In December 2024, Malath reached a non-binding and preliminary agreement with LIVA to structure the potential merger deal, under which LIVA will merge into Malath.
In August,LIVA and Malath announcedextendingthe MoU for additional six months, until Feb. 21, 2026.
Logo ofMalath Cooperative Insurance Co.andLogo ofLIVA Insurance Co.
Malath Cooperative Insurance Co.andLIVA Insurance Co.agreed, on Feb. 21, to extend the memorandum of understanding (MoU) to evaluate their potential merger for an additional month.
In separate statements toTadawul, both companies said that the MoU will be extended untilMarch23, 2026, under the same terms and conditions.
In August 2024, the two insurers signed a non-binding MoU to evaluate a potential merger,Argaamreported.
In December 2024, Malath reached a non-binding and preliminary agreement with LIVA to structure the potential merger deal, under which LIVA will merge into Malath.
In August,LIVA and Malath announcedextendingthe MoU for additional six months, until Feb. 21, 2026.
