Kuwait – Insurance for retirees extended 3 months
Monday, 04 16 2018, Category: Insurance and Reinsurance, Country: Kuwait
An informed source told “Al Qabas” that the ministry of health requested an extension of the health insurance services for retired citizens according to law No 114 of year 2014. The contract signed with Gulf Insurance Group would be extended for 3 months starting from April 16th, 2018 for a value of KD 20.5 million until a new tender is finalized.
The board of directors of the Central Agency for Public Tenders agreed to extend the banking guarantee according to the request of the ministry of health after “Warba” was chosen as the health insurer for retirees for an amount of KD 98.68 million.
Source: Al Qabas