Liva Insurance Announces Contract Award with Banque Saudi Fransi

 Liva Insurance Company announced on Tuesday the award of a contract with Banque Saudi Fransi (BSF) to provide insurance services for one year. The contract value exceeds 10% of Liva Insurance’s total insurance revenues, according to the audited financial statements for the year 2023.

Liva Insurance confirms that the contract is in the ordinary course of business and does not confer any preferential benefits. The contract is expected to have a positive impact on Liva Insurance Company’s financial results for 2024 and 2025.