BUPA ARABIA
8210
-2.35%
208.00
-5.00
8210
SABIC
2010
-2.00%
78.40
-1.60
2010
Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company received a confirmation from the Saudi Basic Industries Corporation (SABIC) to renew its cooperative insurance services contract for one year effective as of 4 July 2020.
The insurer expects the contract revenues to exceed 5% of the gross written premiums (GWP) achieved during 2019, according to a bourse filing on Tuesday.
A positive impact is likely to reflect on Bupa’s financial statements for 2020, the statement noted.
Source:
Mubasher