The Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf) signed an agreement with Alissa Group to provide comprehensive vehicle insurance, it said in a bourse filing on Tuesday.
The one-year contract exceeds 5% of the total written insurance premiums for the fiscal year of 2018.
The deal is expected to have a positive impact on its 2020 financial results, the statement said, adding that Mohammad Saad bin Dawood is a board member in both companies.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}