UCA says contract signed with SBG valued at SAR 46 mln

28/09/2023 Argaam

UCA says contract signed with SBG valued at SAR 46 mln

Logo of United Cooperative Assurance Co. (UCA)

United Cooperative Assurance Co. (UCA) said the recent insurance coverage contract signed with Saudi BinLadin Group (SBG) is valued at SAR 45.97 million.

 

The contract is expected to reflect positively on 2023 financials, UCA added in a statement to Tadawul today, Sept. 28.

 

Earlier today, the company announced signing an agreement with SBG to extend engineering insurance coverage.

 

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