MedGulf, SEC sign health insurance deal

Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) announced that it has signed a contract with Saudi Electricity Company (SEC) to provide cooperative health insurance services to its employees and their families.

The contract was signed on Sunday with a value not exceeding 5% of the total insurance instalments in last year’s financial statements.

Moreover, the company noted that the financial effect of the deal will positively reflect on its profits for 2020.

 

Mubasher Contribution Time: 18-Nov-2019 07:58 (GMT)
Mubasher Last Update Time: 18-Nov-2019 07:58 (GMT)