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Malath Cooperative Insurance Co. Announces Contract Awarding Health Insurance Contract with Al Othaim Holding Company

MALATH INSURANCE 8020 8.00% 19.70 1.46
Element List Explanation
Introduction Malath Cooperative Insurance Co. announces that it has received on January 3rd 2023, a Notice to Award the contract to provide health insurance services for Al Othaim Holding Company and subsidiaries employees and their families for one year.
Date of the Award 2023-01-03 Corresponding to 1444-06-10
Contract Value The contract revenues are expected to be greater than 5% of the 2021 annual gross written premium of Malath Insurance Co.
Contract Details Notice of Award from Al Othaim Holding Company and subsidiaries to provide health insurance services for its employees and their families .
Related Parties Not Applicable
Additional Information The contract is expected to have a positive impact on Malath Insurance 2023 financial results.

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