Riyadh – Mubasher: Alinma Tokio Marine Company has renewed an insurance agreement with Abdul Latif Jameel Group for one year starting from 1 April 2022.
The deal, which covers a number of general insurance products, is valued at SAR 30.52 million representing total insurance premiums that exceed 5% of Alinma Tokio's revenues in 2022, according to a recent bourse filing.
The company expects a positive financial impact of the contract for 2022 income statements.
Last year, the two parties renewed an insurance agreement at a value of SAR 34.04 million.
