SABIC renewed health insurance contract with BUPA

02/07/2017 08:55 AST

Bupa Arabia for Cooperative Insurance announces it has received, on close of business Thursday 27 Ramadan 1438H, corresponding to 22 June 2017G, the confirmation to renew its contract as the health insurance provider for the Saudi Basic Industries Corporation (SABIC) to provide health insurance for its employees and their families for one year starting 4 July 2017. The contract revenues are expected to be greater than 5% of the 2016 annual gross written premium of Bupa Arabia for Cooperative Insurance and it is expected to have an impact on its 2017 financial results.


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