Aljomiah Group renews insurance deal with Alinma Tokio Marine

26/02/2017 Argaam

Alinma Tokio Marine Co. has signed a one-year general insurance agreement with Aljomiah Group Of Companies with an estimated premium of SAR 68.40 million, the insurer said in a statement to Saudi bourse, Tadawul.

Under this agreement, the Saudi insurer will provide insurance coverage for motor, and other general lines of business, as of March 1, 2017.

The relevant financial impact will appear on earnings of FY-2017.


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