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Tokio Marine extends deal with Aljomaih Holding

Tokio Marine extends deal with Aljomaih Holding
The insurance coverage includes SAR 68.40 million worth premiums (Photo Credit: Mubasher)
ALINMA TOKIO M
8312
0.31% 12.80 0.04

Mubasher: Al Inma Tokio Marine Co has renewed, on 23 February, its insurance agreement with Aljomaih Holding Co for one year starting from March, 2016, according to a bourse statement issued on Sunday.

The insurance coverage includes SAR 68.40 million worth premiums on an annual basis.

Tokio Marine clarified that this agreement is expected to have positive impact on the company’s financial position during 2017, the statement added.