The Insurance Authority Announces the Suspension of United Cooperative Assurance Company from Issuing or Renewing Insurance Policies for All Products, Including Retail Products and Extended Warranty Insurance, Effective September 22, 2026, Due to Violati
Further to the Insurance Authority's decision dated 27 October 2025, suspending United Cooperative Assurance Company (UCA) from issuing or renewing compulsory insurance policies, including health insurance, motor insurance, and domestic worker contracts insurance, and its decision dated February 19, 2026, suspending the UCA company from issuing or renewing policies for all motor insurance products, including comprehensive motor insurance, the Insurance Authority (IA) today issued a decision suspending the company from issuing or renewing policies for all insurance products, including retail products and extended warranty insurance.