Bupa Arabia renews SABIC health insurance contract for 1 year

04/07/2021 Argaam

Logo of Bupa Arabia for Cooperative Insurance Co.

Bupa Arabia for Cooperative Insurance Co. received today, July 4, the confirmation to renew its contract as the health insurance provider for Saudi Basic Industries Corp (SABIC) employees and their families.

 

The company said in a statement to Tadawul that the total contract revenues are expected to be greater than 5% of its 2020 annual gross written premiums.

 

The contract will be renewed for one year from today, the statement added, noting that it is expected to have a positive impact on the 2021 financial results.

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