Alinma Tokio renews deal with Abdul Latif Jameel

01/04/2019 Argaam

 

Alinma Tokio Marine Co. (ATMC) renewed a general insurance agreement with Abdul Latif Jameel (ALJ), the company said in a statement to Tadawul.

 

The insurance coverage, which takes effect immediately on April 1, will last for one year and is worth a total of SAR 22 million.

 

The agreement is expected to have a positive impact on the company’s 2019 financial statements.

 

No related parties are involved in the deal, ATMC added.

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