Bupa Arabia says the contract duration is one year from July 4, 2026.
Bupa Arabia for Cooperative Insurance Co. received on May 24 a contract renewal from Saudi Basic Industries Corp. (SABIC) to provide health insurance services to employees and their families. 
The contract duration is one year, starting July 4, 2026, according to a statement to Tadawul.
Bupa Arabia expects the total contract value to exceed nearly 5% of the company’s gross written premiums (GWPs) for 2026.
The relevant financial impact will likely appear in financial results for 2026 and 2027. The contract involved related parties, the statement added.
According to data available with Argaam, Bupa Arabia’s GWP reached SAR 20.49 billion in 2025.
Bupa Arabia says the contract duration is one year from July 4, 2026.
Bupa Arabia for Cooperative Insurance Co. received on May 24 a contract renewal from Saudi Basic Industries Corp. (SABIC) to provide health insurance services to employees and their families.
The contract duration is one year, starting July 4, 2026, according to a statement to Tadawul.
Bupa Arabia expects the total contract value to exceed nearly 5% of the company’s gross written premiums (GWPs) for 2026.
The relevant financial impact will likely appear in financial results for 2026 and 2027. The contract involved related parties, the statement added.
According to data available with Argaam, Bupa Arabia’s GWP reached SAR 20.49 billion in 2025.
