Newsroom

Welcome to Newsroom section, the place to find the latest information and press releases at AXA Cooperative . Welcome to Newsroom section, the place to find the latest information and press releases at AXA Cooperative.

Surplus Distribution 2018

22 Oct 2019

We are pleased to inform you relating to the distribution of Policy holders’ surplus. In accordance with the Article 70 of the Implementing Regulations for insurance and reinsurance companies issued by Saudi Arabian Monetary Authority (SAMA), ten percent (10%) of the net surplus from the insurance operations should be distributed to the policyholders. The surplus for the financial year ended 31 December 2018, is payable only to the eligible customers in accordance with the eligibility criteria defined in ‘Surplus Distribution Policy’

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