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ALINMA TOKIO MARINE COMPANY ANNOUNCES RENEWAL OF GENERAL INSURANCE AGREEMENT WITH ALJOMIAH GROUP OF COMPANIES.

ALINMA TOKIO M 8312 0.31% 12.80 0.04

Alinma Tokio Marine Company announces on 23/02/2017 renewal of General Insurance agreement with ALJOMIAH GROUP OF COMPANIES whereby the company will be providing insurance coverage for Motor, and other general lines of Business. Insurance coverage is effective from 01/03/2017 for a period of one year, with an estimated premium of SR 68.40 million. The above agreement is disclosed as a non-related party transaction. This business is expected to have positive impact on the company financial performance for 2017.

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