BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES IT HAS BEEN AWARDED AS THE HEALTH INSURANCE PROVIDER FOR THE SAUDI TELECOM COMPANY (STC)
|Introduction||Bupa Arabia for Cooperative Insurance announces it has received, during 25 August 2019G, the confirmation of STC to provide it with health insurance services.|
|Date of the Award||2019-08-25 Corresponding to 1440-12-24|
|Contract Value||The contract revenues are expected to be greater than 5% of the 2018 annual gross written premium of Bupa Arabia for Cooperative Insurance.|
|Contract Details||To provide health insurance services to the STC employees, and their families, for one year effective from 5 October 2019G.|
|Related Parties||Not Applicable|
|Additional Information||The contract is expected to have a positive impact on the Bupa Arabia 2019 financial results.|
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