Insurance Authority suspends Asisa car insurance

The Insurance Authority announced the suspension of Asseeg Company from issuing comprehensive vehicle insurance policies starting September 24, 2026, with the exception of renewing existing policies.The decision was made due to its violation of supervisory and regulatory instructions, aiming to maintain stability in the insurance market, enhance the efficiency of companies, and protect customers' rights.The Authority confirmed that the current obligations of policyholders will remain valid, and the company will take necessary measures to ensure that claims and the public interest are not affected.

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