Tawuniya renews health insurance deal with SAUDIA for 1 year

06/03/2023 Argaam
Logo ofThe Company for Cooperative Insurance (Tawuniya)

Logo of The Company for Cooperative Insurance (Tawuniya) 

The Company for Cooperative Insurance (Tawuniya) announced today, March 6, the renewal of the insurance policy of Saudi Arabian Airlines (SAUDIA), to provide health insurance services for the airline’s employees and their families.

 

The company said in a Tadawul filing that the one-year contract will start from today, March 6. Its value exceeds 5% of the insurer’s gross written premiums (GWPs) for the fiscal year 2021.

 

The insurer expects a positive financial impact on GWPs and the 2023 financial results.

 

There are no related parties to the contract.

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