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BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES IT HAS BEEN AWARDED AS THE HEALTH INSURANCE PROVIDER FOR THE SAUDI TELECOM COMPANY (STC)

BUPA ARABIA 8210 -2.35% 208.00 -5.00
Element List Explanation
Introduction Bupa Arabia for Cooperative Insurance announces it has received, during 25 August 2019G, the confirmation of STC to provide it with health insurance services.
Date of the Award 2019-08-25 Corresponding to 1440-12-24
Contract Value The contract revenues are expected to be greater than 5% of the 2018 annual gross written premium of Bupa Arabia for Cooperative Insurance.
Contract Details To provide health insurance services to the STC employees, and their families, for one year effective from 5 October 2019G.
Related Parties Not Applicable
Additional Information The contract is expected to have a positive impact on the Bupa Arabia 2019 financial results.

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