BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE KICK OFF OF PREPARATIONS FOR THE DISTRIBUTION OF COOPERATIVE SURPLUS TO POLICYHOLDERS FOR THE FISCAL YEAR 2024
Bupa Arabia for Cooperative Insurance Company announces the kick off of preparations for the distribution of the cooperative surplus to entitled policyholders for year ended 31/12/2024 after obtaining IA approval, and in accordance with Article 70 (2e) of the Implementing Regulations of the Law on Supervision of Cooperative Insurance Companies,
and Article 36 of the IA Surplus Distribution Policy regulations, which can be found by accessing the following link: Surplus Distribution Policy
In accordance with the IA Surplus Distribution Policy regulations all the 2024 Cooperative Distribution amounts will be deducted from the 2024 Cooperative Distribution surplus.