‎UCA, AICC terminate non-binding MoU on potential merger

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Logo of United Cooperative Assurance Co. (UCA)and Logo ofArabia Insurance Cooperative Co. (AICC)

United Cooperative Assurance Co. (UCA) and Arabia Insurance Cooperative Co. (AICC) announced terminating their non-binding memorandum of understanding (MoU)and all negotiations related to the proposed merger, based on the mutual agreement by the two parties.

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Logo of United Cooperative Assurance Co. (UCA)and Logo ofArabia Insurance Cooperative Co. (AICC)

United Cooperative Assurance Co. (UCA) and Arabia Insurance Cooperative Co. (AICC) announced terminating their non-binding memorandum of understanding (MoU)and all negotiations related to the proposed merger, based on the mutual agreement by the two parties.