Riyadh – Mubasher: The Saudi Arabian Airlines (Saudia) has renewed its health insurance contract with the Company for Cooperative Insurance (Tawuniya).

Under the one-year contract, Tawuniya provides cooperative services for the airlines' employees and their families, the insurance firm said in a statement to the Saudi Stock Exchange (Tadawul) on Tuesday.

Tawuniya received a letter from Saudia on Monday approving the renewal of the contracts, with a value exceeding 5% of the insurance company’s gross written premiums for 2018.

Yesterday, Tawuniya announced a similar agreement with Fawaz Abdulaziz Alhokair Company.