Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) has received an order from Saudi Arabian Airlines (SAUDIA) to renew its contract to provide health insurance services for SAUDIA employees and their families for one year starting from 1 March 2021.

The contract’s value exceeds 5% of the gross written premiums (GWP) of Tawuniya for 2019, according to a bourse statement on Sunday.

The transaction is expected to reflect positively on the GWP and financial results of the company for 2021.