BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES IT HAS BEEN AWARDED AS THE HEALTH INSURANCE PROVIDER FOR THE SAUDI BASIC INDUSTRIES CORPORATION (SABIC)
|Introduction||Bupa Arabia for Cooperative Insurance announces it has received the confirmation to renew its contract as the health insurance provider for SABIC to provide health insurance for SABIC employees and their families.|
|Date of the Award||2020-06-29 Corresponding to 1441-11-08|
|Contract Value||The contract revenues are expected to be greater than 5% of the 2019 annual gross written premium of Bupa Arabia for Cooperative Insurance.|
|Contract Details||Contract renewal for one year starting 4 July 2020.|
|Related Parties||Not Applicable|
|Additional Information||The contract is expected to have a positive impact on the Bupa Arabia 2020 financial results.|
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