Malath wins auto insurance contract with Bank Albilad

22/10/2019 Argaam

 

Malath Cooperative Insurance Co. was awarded today an auto insurance contract with Bank Albilad, the insurer said in a bourse statement.

 

Under the one-year contract which comes into effect starting Nov. 1, 2019, Malath will offer auto insurance coverage to the bank’s vehicle leasing program, it said.

 

The value of the deal’s annual premiums likely to reach 5 percent of the company’s annual sales.

 

The deal has no related parties, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read