Tadawul trading screen
Shares of TASI-listed insurers soared today, Jan. 21, after the Saudi Cabinet approved the National Insurance Sector Strategy on Jan. 20. 
The strategy aims to strengthen insurance protection for individuals and businesses, develop a sustainable and efficient insurance market, and expand coverage for national risks.
Several stocks rose to the daily ceiling, including The Company for Cooperative Insurance (Tawuniya), Bupa Arabia for Cooperative Insurance Co. (Bupa Arabia), Al Rajhi Takaful and The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF).
Tadawul trading screen
Shares of TASI-listed insurers soared today, Jan. 21, after the Saudi Cabinet approved the National Insurance Sector Strategy on Jan. 20.
The strategy aims to strengthen insurance protection for individuals and businesses, develop a sustainable and efficient insurance market, and expand coverage for national risks.
Several stocks rose to the daily ceiling, including The Company for Cooperative Insurance (Tawuniya), Bupa Arabia for Cooperative Insurance Co. (Bupa Arabia), Al Rajhi Takaful and The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF).
