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Bupa arabia for cooperative insurance announces it has been awarded as the health insurance provider for the saudi basic industries corporation (SABIC)

Bupa Arabia for Cooperative Insurance announces it has received, on close of business Wednesday 24 Ramadan 1437H, corresponding to 29 June 2016, 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 2016. The contract revenues are expected to be greater than 5% of the 2015 annual gross written premium of Bupa Arabia for Cooperative Insurance and it is expected to have an impact on its 2016 financial results.

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