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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