Bupa Arabia for Cooperative Insurance has renewed a medical insurance contract with Saudi Basic Industries Corporation (SABIC), the insurer said in a statement to Saudi bourse, Tadawul on Sunday.
Bupa will provide medical insurance services to SABIC’s employees and their families for one year.
The insurer expects the value of this deal to reach 5 percent of its total written premiums for FY16 and its financial impact to show in 2017.
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