Arabian Shield inks SAR 59 mln health insurance deal

16/10/2018 Argaam

 

Arabian Shield Cooperative Insurance Co. (Arabian Shield) has signed a SAR 59 million health insurance contract with Nesma and Partners Contracting Co. Ltd., the insurer said in a statement to Tadawul.

 

Under the one-year contract, which came into effect on Oct. 15, Arabian Shield will offer health insurance services to Nesma and Partners’ employees.

 

The deal’s financial impact is expected to show starting from Q4, the firm added.

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