Riyadh – Mubasher: Al Sagr Cooperative Insurance Company received on 8 September 2022 an order from Maharah Human Resources Company to provide health insurance services for the company's employees and their families.
The contract value exceeds 5% of the total written premiums as per the audited financial statements for 2021, according to a stock exchange statement on Wednesday.
Signed on 21 September, the contract is expected to reflect positively on the Al Sagr Cooperative's financial results for 2022.
The contract duration is one year starting as of 28 September 2022.
