KSA - Amana renews SAR 22.7m health insurance deal
Wednesday, 01 15 2020, Category: Insurance and Reinsurance, Country: Saudi Arabia
Amana Cooperative Insurance Company announced the renewal of El Seif Engineering Contracting Company’s health insurance policy.
The renewed policy involves presenting health insurance services to the contracting company’s staff and their families, according to the company’s statement to the Saudi Stock Exchange (Tadawul).
For one year, starting from 15 January 2020, the deal has been renewed for about SAR 22.7 million.
It is worth noting that El Seif company owns a 50% stake in Amana Gulf Insurance Company, which owns 18.375% of Amana Cooperative’s share capital.