Walaa Cooperative Insurance acquires majority stake in DIFC-based fac reinsurance MGA Aspire

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Reinsurance News - Jun 20, 2025

Last month, Walaa Cooperative Insurance Company, a listed Saudi insurer, completed its acquisition of an 88% stake in Aspire Underwriting Agency Ltd. (AUAL), a Managing General Agent (MGA) based in the Dubai International Financial Centre (DIFC). The transaction was approved by both the Dubai Financ...

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