Bupa Arabia for Cooperative Insurance announces it has been awarded, on 12 May 2014, corresponding to 13 Rajab 1435, as the health insurance provider for the Saudi Basic Industries Corporation (SABIC) to provide health insurance for its employees and their families for one year starting 5/7/2014. The contract revenues are expected to be greater than 5% of the 2013 annual gross written premium of Bupa Arabia for Cooperative Insurance and it is expected to have an impact on its 2014 financial results.
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