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Bupa Arabia for Cooperative Insurance Co. Announces Contract Award with Saudi Arabian Airlines Corporation
8210
BUPA ARABIA
-0.91
%
1445/06/29 11/01/2024 08:00:28
| Element List | Explanation |
|---|---|
| Introduction | Bupa Arabia for Cooperative Insurance Company announces it has received the confirmation of the Saudi Arabian Airlines Corporation to provide health insurance services to its employees, their families and retirees, for one year effective from 06 March 2024. The contract is expected to have a positive impact to Bupa Arabia's 2024 financial results as the initial value of the contract exceeds 5% of the 2022 Annual Gross Written Premium (GWP) of Bupa Arabia. |
| Date of the Award | 2024-01-10 Corresponding to 1445-06-28 |
| Counterparty | Saudi Arabian Airlines Corporation |
| Contract Value | The initial value of the contract exceeds 5% of the 2022 Annual Gross Written Premium (GWP) of Bupa Arabia. |
| Contract Details | To provide health insurance services to the Saudi Arabian Airlines Corporation employees, their families and retirees, for one year effective from 06 March 2024. |
| Related Parties | Not Applicable |
| Additional Information | The contract is expected to have a positive impact on the 2024 financial results of Bupa Arabia for Cooperative Insurance Company. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 239.0
Net Change -2.2 (-0.91%)
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