Alinma Tokio renews deal with Abdul Latif Jameel for 1 year

01/04/2021 Argaam

Logo of Alinma Tokio Marine Co.

Alinma Tokio Marine Co. renewed insurance agreements with Abdul Latif Jameel Group for a number of general insurance products, the company said in a statement to Tadawul. 

  

The contract value is estimated at SAR 34.04 million. 

  

The one-year insurance coverage will come into effect as of today, April 1, 2021. 

  

The agreement is expected to have a positive impact on the company’s 2021 financial statements. 

  

No related parties are involved in the deal, the statement added. 

 

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