LIVA signs insurance services contract with BSF

22/07/2025 Argaam
Logo of LIVA Insurance Co.

Logo of LIVA Insurance Co.

LIVA Insurance Co. signed today, July 22, a contract with Banque Saudi Fransi (BSF), worth over 10% of insurance revenue as per the 2024 audited income statement.

 

In a Tadawul filing, the Saudi-listed company said the one-year contract entails the provision of group life insurance services for the bank.

 

For more news on listed companies

 

The contract is set to have a financial impact on the 2025 results, LIVA pointed out, noting that there are no related parties involved.

 

The agreement falls within the normal course of doing business, with no preferential terms granted, the statement added.

 

According to data available with Argaam, LIVA’s insurance revenue for 2024 amounted to approximately SAR 446 million.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.