8210 · 31/05/2026 08:17:00 · Announcement #95680 · View on Saudi Exchange

Bupa Arabia for Cooperative Insurance Co. Announces Contract Award with Saudi Basic Industries Corporation (SABIC)

Element ListExplanation
Introduction Bupa Arabia for Cooperative Insurance announces it has received on Sunday 24/05/2026G corresponding to 07\12\1447H, the confirmation to renew its contract as the health insurance provider for SABIC to provide health insurance for its employees and their families for one year starting on 04 July 2026G.
Date of the Award 2026-05-24 Corresponding to 1447-12-07
Counterparty Saudi Basic Industries Corporation (SABIC)
Contract Value The contracts revenues are expected to be greater than 5% of the 2026 annual Gross Written Premium (GWP) of Bupa Arabia for Cooperative Insurance.
Contract Details A contract renewal as the health insurance provider for SABIC to provide health insurance services for its employees and their families for one year starting on 04 July 2026G.
Related Parties Not Applicable
Additional Information The contract is expected to have a positive impact on Bupa Arabia's 2026/2027 financial results.

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