Bupa Arabia renews insurance deal with SABIC

01/07/2018 Argaam

 

Bupa Arabia for Cooperative Insurance (Bupa Arabia) renewed an agreement with Saudi Basic Industries Corporation (SABIC), to provide health insurance services for SABIC employees and their families, it said in a statement to Tadawul on Sunday.

 

The agreement will be for one year as of July 4, 2018.

 

The insurer expects the value of the deal to exceed 5 percent of the company's annual gross written premium for 2017 and will be reflected on its 2018 financial results. 

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