Tawuniya renews document to provide cooperative health insurance services to Saudi Arabian Airlines employees

On 05, 2023, The Company for Cooperative Insurance (Tawuniya) received an approval from Saudi Arabian Airlines to renew the company’s policy insurance policy of Saudi Arabian Airlines (SAUDIA), to provide cooperative health insurance services to its employees and their families. Contract value exceeds 5% of total revenue as per the latest audited financial statements for the year 2021, as the contract period is One calendar year starting from March 06, 2023

The Company said today on Tadawul that a positive financial impact is expected on the gross written premium and financial results of the company for 2023.