Bupa Arabia for Cooperative Insurance Co. announced it has received on June 12, 2024, 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 05 July 2024G. Counterparty: The Saudi Basic Industries Corporation (Sabic); Contract Value: The contract revenues are expected to be greater than 10% of the 2023 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 05 July 2024G; Additional Information: The contract is expected to have a positive impact on Bupa Arabia's 2024 and 2025 financial results.