The cooperative insurance company announced that it had received yesterday, Monday, a statement from the Saudi Arabian Airlines (Saudi Arabia) to renew the contract of health insurance services for its employees and members of their families.

The company said in a statement to the Saudi market (Tadawul) today, Tuesday, that the value of the contract exceeds 5% of the total insurance premiums of the cooperative company for the fiscal year 2018.

>

She explained that the contract period is one year, starting from March 1, 2020.

This is expected to have a positive financial impact on the overall insurance premiums and financial results for the company for 2020.