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Bupa Arabia wins SAR 330m insurance deal with SNB

Bupa Arabia wins SAR 330m insurance deal with SNB
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BUPA ARABIA
8210
-1.54% 134.30 -2.10
SNB
1180
-0.73% 37.82 -0.28

Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company awarded a SAR 330.20 million contract from the Saudi National Bank (SNB) on 30 December 2025, according to a bourse filing.

The company will provide health insurance services to the bank’s employees and their families for one year, effective from 1 January 2026.

Meanwhile, the contract is expected to have a positive impact on Bupa Arabia’s financial results for 2026.

In the first nine months (9M) of 2025, Bupa Arabia logged net profits after Zakat attributable to shareholders valued at SAR 1.03 billion, down 8.01% year-on-year (YoY) from SAR 1.12 billion.

SNB generated 19.13% YoY higher net profits at SAR 18.62 billion at the end of September 2025.