Logo of Alinma Tokio Marine Co.
Alinma Tokio Marine Co. renewed the extended Auto Warranty Program insurance policy with Abdul Latif Jameel Co. Ltd., according to a statement to Tadawul.
The value of the two-year contract exceeds 25% of total revenue as per the latest audited financial statements for the year 2022, the statement said, noting that the deal was valid as of July 2023.
The period between the contract and award dates is due to negotiation procedures with the client, the company said in a correction statement, adding that the insurance coverage based on the policy issued to the client will begin later.
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