Al Sagr signs SAR 23.7 mln insurance deal with Maharah

15/12/2019 Argaam

 

Al Sagr Cooperative Insurance Co. signed a SAR 23.7 million insurance services agreement with Maharah Human Resources Co.

 

The contract has a term of one year starting from December 12, 2019, the company said in a bourse statement.

 

In November 2018, Maharah renewed its insurance contract with Al Sarg for a value of SAR 19.9 million, according to data available on Argaam.

 

Recently, Al Sagr agreed to provide insurance services to Maharah worth above 5% of the total annual sales.

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