Al Alamiya signs vehicle insurance deal worth SAR 24.5 mln

27/06/2022 Argaam
Logo ofAl Alamiya for Cooperative Insurance Co.

Logo of Al Alamiya for Cooperative Insurance Co. 

Al Alamiya for Cooperative Insurance Co. signed, on June 26, an agreement worth SAR 24.5 million with Key Car Rental Co., to provide the latter with vehicle insurance coverage. 

 

In a statement to Tadawul, the insurer said the deal is effective for one year starting from July 1. 

 

The deal is part of the company’s usual business course and does not offer any preferential advantages.

 

The agreement will reflect positively on 2022 financial results, the company said, adding that it does not have any related parties.

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